NYSE:MO

Altria to Host Webcast of 2024 Annual Meeting of Shareholders

Retrieved on: 
Thursday, May 2, 2024
Tobacco, Retail, Natural Resources, Wine & Spirits, Annual general meeting, Heated tobacco product, Conference, Environment

Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast of its 2024 Annual Meeting of Shareholders (“2024 Annual Meeting” or “meeting”) on Thursday, May 16, 2024 at 9:00 a.m. Eastern Time.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast of its 2024 Annual Meeting of Shareholders (“2024 Annual Meeting” or “meeting”) on Thursday, May 16, 2024 at 9:00 a.m. Eastern Time.
  • The 2024 Annual Meeting will be held virtually via live webcast.
  • During the meeting, shareholders as of the 2024 Annual Meeting record date (March 25, 2024) will be able to vote their shares electronically and will be able to submit questions during the meeting as time permits.
  • In lieu of a business update presentation at the 2024 Annual Meeting, we encourage shareholders and guests to review the resources listed below prior to the meeting.

Altria to Host Webcast of 2024 First-Quarter Results

Retrieved on: 
Thursday, April 11, 2024
Professional Services, Retail, Communications, Tobacco, Finance, Other Communications, Webcast

Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, April 25, 2024, at 9:00 a.m. Eastern Time to discuss its 2024 first-quarter business results.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, April 25, 2024, at 9:00 a.m. Eastern Time to discuss its 2024 first-quarter business results.
  • Altria will issue a press release containing its business results at approximately 7:00 a.m. Eastern Time the same day.
  • The webcast can be accessed at altria.com .
  • During the webcast, Billy Gifford, Altria’s Chief Executive Officer, and Sal Mancuso, Altria’s Chief Financial Officer, will discuss the Company’s 2024 first-quarter business results and answer questions from the investment community and news media.

Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock

Retrieved on: 
Tuesday, March 19, 2024
Tobacco, Retail, Professional Services, Finance, European Economic Area, Gross metropolitan product, Goldman Sachs, ASR, ABI, Sale, ANB, ADS, AB InBev, Risk, Euronext, Annual report, Share repurchase, Security (finance)

Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.
  • We expect the remainder of the shares to be delivered no later than the end of the second quarter of 2024.
  • The ASR transactions are part of our expanded $3.4 billion share repurchase program, which we expect to complete by December 31, 2024.
  • In addition, ABI repurchased $200 million of ordinary shares directly from us, concurrently with the completion of the offering.

Altria to Significantly Enhance Cash Returns to Shareholders Through Expanded Share Repurchase Program in Connection with Pricing of Offering of Anheuser-Busch InBev Stock; Raises 2024 Full-Year Earnings Guidance

Retrieved on: 
Thursday, March 14, 2024
Tobacco, Retail, Wine & Spirits, Health, Uncertainty, Climate change, European Economic Area, Growth, Gross metropolitan product, Exercise, MSA, EPS, Risk, Accounting, Law enforcement, Food and Drug Administration, Climate, ASR, History, Sale, Acquisition, ANB, Private sector, ADS, AB InBev, Euronext, Artificial intelligence, Investment, Annual report, Heated tobacco product, NPM, GAAP, Vision, Income tax, Information, Pandemic, Privacy, Food, Share repurchase, Security (finance)

In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.

Key Points: 
  • In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.
  • Our Board of Directors (Board) has authorized the expanded program, which we expect to complete by December 31, 2024.
  • Share repurchases depend on marketplace conditions and other factors, and the program remains subject to the discretion of our Board.
  • As part of the expanded share repurchase program, we expect to enter into an estimated $2.4 billion accelerated share repurchase (ASR) program.

Altria Announces Intent to Sell a Portion of its Investment in Anheuser-Busch InBev

Retrieved on: 
Wednesday, March 13, 2024
Tobacco, Retail, Wine & Spirits, European Economic Area, Gross metropolitan product, Telephone, EDGAR, ABI, Sale, ANB, ADS, Risk, Euronext, Prospectus, Morgan Stanley, Broadridge Financial Solutions, Annual report, Varick Street, Beer, 2nd Floor, Security (finance)

In addition, ABI has agreed to repurchase $200 million of ordinary shares directly from Altria, concurrently with, and conditional on, completion of the offering.

Key Points: 
  • In addition, ABI has agreed to repurchase $200 million of ordinary shares directly from Altria, concurrently with, and conditional on, completion of the offering.
  • Altria, as the selling shareholder, is offering 35 million of ABI’s ordinary shares.
  • In addition, we have agreed to a 180-day lockup with the lead underwriter for our remaining ABI shares.
  • “Over the decades of our ownership, the beer investment has provided significant income and cash returns and supported our strong balance sheet.

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/

Altria Group, Inc. Announces Retirement of Director Jacinto J. Hernandez From Board of Directors

Retrieved on: 
Monday, February 26, 2024
Tobacco, Retail, Investment, FDA, Food, NJOY, Marketing, Capital Group Companies, MST, Vision, Heated tobacco product, ARIS, PXD, AB InBev, PM, ABI, Helix, Pioneer Natural Resources, Horizon, Smoker

Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.

Key Points: 
  • Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.
  • Mr. Hernandez will continue to serve Altria as a strategic advisor under a 5-year advisory services agreement.
  • "We thank Jacinto for his service on our Board," said Kathryn McQuade, Altria’s independent Board Chair.
  • Trademarks related to Altria referenced in this release are the property of Altria or our subsidiaries or are used with permission.

Altria Presents as Part of the Consumer Analyst Group of New York Conference; Reaffirms 2024 Full-Year Earnings Guidance

Retrieved on: 
Wednesday, February 21, 2024
Agriculture, Natural Resources, Other Retail, Finance, Tobacco, Professional Services, Other Natural Resources, Retail, Artificial intelligence, Investment, NPM, Growth, Sale, JUUL, Pandemic, MST, Health, Climate change, Private sector, Webcast, Smoker, MSA, Marketing, GAAP, Uncertainty, EPS, Juul, Law enforcement, Information, Conference, Heated tobacco product, AB InBev, PM, Horizon, Acquisition, Annual report, Climate, FDA, Food, NJOY, Risk, Vision, Privacy, Helix

Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.
  • A copy of the business presentation, prepared remarks and a replay of the webcast will be available at www.altria.com .
  • We expect 2024 adjusted diluted EPS growth to be weighted to the second half of the year.
  • While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic.

Altria to Host Webcast From the Consumer Analyst Group of New York Conference

Retrieved on: 
Wednesday, February 7, 2024
Professional Services, Retail, Communications, Tobacco, Finance, Other Communications, Webcast

Altria Group, Inc. (Altria) (NYSE: MO) will host a webcast of its business presentation at the annual Consumer Analyst Group of New York conference in Boca Raton, Florida, on Wednesday, February 21, 2024, at approximately 1:00 p.m. Eastern Time.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) will host a webcast of its business presentation at the annual Consumer Analyst Group of New York conference in Boca Raton, Florida, on Wednesday, February 21, 2024, at approximately 1:00 p.m. Eastern Time.
  • The webcast will feature a presentation by Billy Gifford, Altria’s Chief Executive Officer, and Sal Mancuso, Altria’s Executive Vice President and Chief Financial Officer.
  • The webcast will be in a listen-only mode.
  • An archived copy of the webcast will be available on altria.com .