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Stodgy tobacco stock Altria Group (NYSE: MO), most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year.
Altria's stock is up by more than 30% over the past year, with a recent, and sizable, post-earnings jump. ... Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than ...
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. At the time of this writing, its shares had surged by 41% this year to ...
On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
Turning now to share dynamics. Total discount segment share grew by 1.7 share points in the fourth quarter and by 1.3 share points for the full year, with most of the growth coming from deep discount.
The deal was worth roughly $2.2 billion at a $61.50 share price. AB InBev agreed to buy $200 million of ordinary shares directly from Altria, per the SEC filing outlining the sale.
Altria's NJOY business was the driver of its Q3 results, with consumable shipments jumping 15.6% to 10.4 million units. ... The company said the brand gained 2.8 points of U.S. market share in the ...
Altria Group (NYSE:MO) shares are trading higher on Thursday. The company reported third-quarter adjusted earnings per share of $1.38, beating the street view of $1.35. Quarterly sales of $5.334 ...