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Altria Group ( (MO) ) has issued an announcement.
On January 29, 2025, Altria’s Board of Directors elected Richard S. Stoddart as an independent director, effective February 3, 2025, and authorized a new $1 billion share repurchase program. The company reported strong financial results for 2024, including significant cash returns to shareholders and announced guidance for 2025 earnings, while facing challenges in the e-vapor market due to the proliferation of illicit products.
More about Altria Group
Altria Group is a leading company in the tobacco industry, with a focus on core tobacco products such as Marlboro, Copenhagen, and Black & Mild, as well as growing innovative brands like on! and NJOY. The company maintains a leadership position in the U.S. tobacco space and is expanding its smoke-free product portfolio.
YTD Price Performance: 0.29%
Average Trading Volume: 7,944,604
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $89.15B
For an in-depth examination of MO stock, go to TipRanks’ Stock Analysis page.
