RJ Reynolds Tobacco Shares Stock

Reynolds Tobacco Company and Its Legendary Employee Stock Ownership Plan

Following up on the article I wrote about cigarette market share in the United States, I thought this was a great story about the legendary employee stock ownership culture at Reynolds Tobacco back in the first half of the 20th century. It comes from Barbarians at the Gate: The Fall of RJR Nabisco, which you should buy.  It explains how R.J. Reynolds almost forced his employees to buy stock in the company and even created a special class of dividend shares for them!