Altria

Altria Declares Regular Quarterly Dividend of $0.98 Per Share

Retrieved on: 
Thursday, February 29, 2024
Tobacco, Retail, Altria

Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors declared a regular quarterly dividend of $0.98 per share, payable on April 30, 2024 to shareholders of record as of March 25, 2024.

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors declared a regular quarterly dividend of $0.98 per share, payable on April 30, 2024 to shareholders of record as of March 25, 2024.
  • The ex-dividend date is March 22, 2024.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240228625112/en/

Seasoned Financial Expert Max Yzaguirre Named Strategic Advisor of FireFly Automatix, Leader in AV and EV-Driven Professional Turfgrass Mowing Technology

Retrieved on: 
Tuesday, January 23, 2024
Engineering, Environment, Technology, Manufacturing, Agritech, Green Technology, Machinery, LBC, Moses Austin, Multimedia, Culture, Electricity, Business administration, University, Government, AV, EV, Telecommunications, Firefly, WPP plc, Altria, ARIS, Management

FireFly Automatix , Inc., the de facto industry leader in AV and EV professional turfgrass mowing technology, today announced the appointment of financial and leadership expert M. Max Yzaguirre as a strategic advisor to CEO Andrew Limpert and the board of directors.

Key Points: 
  • FireFly Automatix , Inc., the de facto industry leader in AV and EV professional turfgrass mowing technology, today announced the appointment of financial and leadership expert M. Max Yzaguirre as a strategic advisor to CEO Andrew Limpert and the board of directors.
  • Yzaguirre’s appointment follows the recent additions of former WPP Group CFO Paul Richardson and capital markets professional Liz Hocker to FireFly’s board.
  • View the full release here: https://www.businesswire.com/news/home/20240123635750/en/
    Max M. Yzaguirre is now a strategic advisor to FireFly Automatix.
  • Together with the newly-appointed independent board and advisory members, these advances will assist in propelling FireFly’s expansion in 2024 and beyond.

Kaival Brands Expands Senior Management Team with the Appointment of Barry Hopkins as Executive Chairman

Retrieved on: 
Monday, November 13, 2023
Senior, Executive, Tobacco, Culture, Tobacco industry, KAVL, Communication, Management, Altria

GRANT-VALKARIA, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), today announced that it has expanded the role of Mr. Barry Hopkins, Chairman of the Board, to the new position of Executive Chairman.

Key Points: 
  • GRANT-VALKARIA, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), today announced that it has expanded the role of Mr. Barry Hopkins, Chairman of the Board, to the new position of Executive Chairman.
  • In this role, Mr. Hopkins will serve as Kaival Brands’ principal executive officer.
  • Current President and Chief Executive Officer, Mr. Eric Mosser, will continue to manage day-to-day operations of the Company.
  • Mr. Hopkins joined Kaival Brands as Chairman of the Board in March 2023.

Altria Declares Regular Quarterly Dividend of $0.98 Per Share

Retrieved on: 
Wednesday, December 6, 2023
Tobacco, Retail, Altria, NYSE, Holding company, Baking

Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors declared a regular quarterly dividend of $0.98 per share, payable on January 10, 2024 to shareholders of record as of December 21, 2023.

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors declared a regular quarterly dividend of $0.98 per share, payable on January 10, 2024 to shareholders of record as of December 21, 2023.
  • The ex-dividend date is December 20, 2023.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20231206243816/en/

US Nicotine Market Insights and Forecasts to 2027: Growing Popularity of Tobacco Free Oral Nicotine - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 22, 2023
Tobacco, Retail, Pomegranate, Carbon, Tablet, Lip, Chewing gum, Altria, Fruit, Work, Nicotine

Thus, an upsurge in working population indicates increase in demand for nicotine products, which in turn, provided a boost to the overall market growth.

Key Points: 
  • Thus, an upsurge in working population indicates increase in demand for nicotine products, which in turn, provided a boost to the overall market growth.
  • The popularity of oral tobacco free nicotine gummies and lozenges is expected to sustain during projected years thus, maintaining a stable demand in the coming years.
  • The US nicotine market is concentrated due to the presence of a relatively small number of market participants.
  • Altria is the market leader in Tobacco products and held a dominant share of the total nicotine industry.

Morgan Stanley Next Level Fund Raises $50 Million to Invest in Early-Stage Technology Companies

Retrieved on: 
Tuesday, November 21, 2023
Banking, Asset Management, Professional Services, Finance, Phalanx, MSIM, Woman, Fund, Pregnancy, Equity, Next Level, Debevoise & Plimpton, Software as a service, Health, Microsoft, Walmart, Renewable energy, Altria, Series

Morgan Stanley Investment Management (MSIM) announced the final close of Morgan Stanley Next Level Fund, L.P. (“Next Level” or the “Fund”) at its target size $50 million of total capital commitments.

Key Points: 
  • Morgan Stanley Investment Management (MSIM) announced the final close of Morgan Stanley Next Level Fund, L.P. (“Next Level” or the “Fund”) at its target size $50 million of total capital commitments.
  • Next Level, part of MSIM’s $200 billion alternative business, builds upon the expertise of the Morgan Stanley Inclusive Ventures Lab and HearstLab to invest in primarily early-stage technology and technology-enabled companies with underrepresented members as part of the founding team.
  • Target sectors include technology, consumer/retail, financial technology, healthcare, consumer products and media and entertainment.
  • Commenting on the fundraise, Alice Vilma, Co-Portfolio Manager, Morgan Stanley Next Level Fund said: “There is an immense opportunity to provide overlooked entrepreneurs with much-needed capital and resources to help them succeed.

Dominion Energy Announces Retirements of Two Directors, Election of Two New Independent Directors as Part of Continuing Board Refreshment

Retrieved on: 
Friday, November 3, 2023
Finance, Research, Dominion Energy, Chemical safety, Altria, Public policy, Retirement, Phillips, Norfolk Southern Railway, J. P. Morgan, Annual general meeting, Wind, Questar Corporation, Internet, Compensation, United States Department of Energy, Columbia University, DOE, Safety data sheet, United, USS Pintado, Sustainability, Policy, Engineer, Corporation, Phillips 66, Center on Global Energy Policy, Transport, Woodruff Arts Center, NYSE, Government, Drew University, MBA, Trustee, Public sector, Southern Company Gas, American University, Foreign policy, General counsel, Eastman Chemical Company, Holding company, Management, Renewable energy, LNG, Science, United States Navy

Jibson was elected to the board in 2016 after the completion of the combination of Dominion Energy and Questar Corporation, where he was chairman, president, and chief executive officer.

Key Points: 
  • Jibson was elected to the board in 2016 after the completion of the combination of Dominion Energy and Questar Corporation, where he was chairman, president, and chief executive officer.
  • "Ron and Mike have served Dominion Energy's shareholders with distinction," said Robert M. Blue, chair, president and chief executive officer.
  • The company also announced that the board of directors has elected two new independent directors, Vanessa L. Allen Sutherland and Paul M. Dabbar.
  • Those elections are effective Dec. 1, 2023, and part of the company's ongoing commitment to strong corporate governance and regular board refreshment of its board of directors.

Altria Group, Inc. Announces Retirement of Director Nabil Y. Sakkab From Board of Directors

Retrieved on: 
Wednesday, October 25, 2023
Tobacco, Retail, NJOY, FDA, AB InBev, Helix, Horizon, Food, Virginia Tech Corporate Research Center, ABI, Annual general meeting, Chairperson, Corporate governance, Regulation of tobacco by the U.S. Food and Drug Administration, PM, Philip Morris USA Inc. v. Williams, Procter & Gamble, SWX, Social, Marlboro, Euronext Growth, Marketing, John Middleton Co., Retirement, Smoker, Investment, Heated tobacco product, MST, Cronos, Altria

Nabil Y. Sakkab, a director of Altria Group, Inc. (“Altria”) since 2008, will retire from service on our Board of Directors following the completion of his current term.

Key Points: 
  • Nabil Y. Sakkab, a director of Altria Group, Inc. (“Altria”) since 2008, will retire from service on our Board of Directors following the completion of his current term.
  • Consequently, Mr. Sakkab will not stand for re-election to the Board of Directors at Altria’s 2024 Annual Meeting of Shareholders, which Altria anticipates holding on May 16, 2024.
  • "Nabil's contributions have significantly benefited Altria over the past 15 years," said Kathryn McQuade, Altria’s independent Chair of the Board.
  • "We thank him for his long and distinguished service and wish him the very best upon his retirement."

Philip Morris International Submits Applications to Commercialize IQOS ILUMA Tobacco Heating System to U.S. Food and Drug Administration

Retrieved on: 
Friday, October 20, 2023
FDA, Health, Retail, Tobacco, Convenience Store, Smoke, WalletHub, Sale, Philip Morris International, Altria Group, Inc. v. Good, Altria, NYSE, Food, Information, Life, Toxicology, Regulation of tobacco by the U.S. Food and Drug Administration, AMBER, Intellectual property, Acquisition, Research, Smoking, PMI, City, COVID-19, Marketing, Privacy, IQOS, Woman, Annual report, Heated tobacco product, ZYN, Dietary supplement, Medical device, Swedish Match

Philip Morris International Inc. (PMI) (NYSE: PM) on October 20 submitted Premarket Tobacco Product Applications (PMTAs) and Modified Risk Tobacco Product Applications (MRTPAs) for IQOS ILUMA heated tobacco products with the U.S. Food and Drug Administration (FDA).

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) on October 20 submitted Premarket Tobacco Product Applications (PMTAs) and Modified Risk Tobacco Product Applications (MRTPAs) for IQOS ILUMA heated tobacco products with the U.S. Food and Drug Administration (FDA).
  • A PMTA marketing order is required to commercialize any new tobacco product in the United States.
  • Internationally, IQOS ILUMA products have demonstrated how ground-breaking consumer-centric innovation can lead more adults to stop smoking.
  • The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products.

NJOY Brings Sweeping Litigation Against Illicit Disposable Vapor Manufacturers

Retrieved on: 
Thursday, October 19, 2023
Public Policy, Government, Other Manufacturing, Tobacco, Other Policy Issues, Consumer Electronics, Technology, Manufacturing, Retail, NJOY, FDA, AB InBev, Complaint, Sale, Helix, Horizon, Food, ABI, United States Customs Service, Regulation of tobacco by the U.S. Food and Drug Administration, Research, PM, Philip Morris USA Inc. v. Williams, Marlboro, City, District court, Marketing, EB, John Middleton Co., Central District, Smoker, Education Act, Investment, General counsel, Lanham Act, Heated tobacco product, MST, Defendant, Cronos, Altria

Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.

Key Points: 
  • Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.
  • The suit seeks a nation-wide injunction against the import, marketing and sale of these illicit products and significant compensatory and punitive damages.
  • “Today there are two markets – one for those who play by the rules and one for those who flagrantly ignore them.
  • NJOY may add additional manufacturers, distributors and retailers to this complaint and will consider further litigation activity.