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Altria Group Inc. - MO STOCK NEWS

Welcome to our dedicated news page for Altria Group (Ticker: MO), a resource for investors and traders seeking the latest updates and insights on Altria Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altria Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altria Group's position in the market.

News
Altria Reports 2024 First-Quarter Results; Reaffirms Full-Year Guidance
Rhea-AI Summary
Altria Group, Inc. (MO) reports 2024 first-quarter results with a focus on traditional tobacco businesses, NJOY momentum, and strong shareholder returns. Net revenues decreased by 2.5% to $5.6 billion, while adjusted diluted EPS decreased by 2.5% to $1.15. The company reaffirms its 2024 full-year adjusted diluted EPS guidance range of $5.05 to $5.17, with a growth rate of 2% to 4.5%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
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News
Altria to Host Webcast of 2024 First-Quarter Results
Rhea-AI Summary
Altria Group, Inc. (MO) will discuss its 2024 first-quarter business results in a live webcast on April 25, 2024. The CEO and CFO will present and answer questions from investors and media.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
conferences earnings
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News
Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock
Rhea-AI Summary
Altria Group, Inc. (MO) announces entering accelerated share repurchase transactions to repurchase $2.4 billion of common stock, part of a $3.4 billion share repurchase program. They also closed the sale of 35 million shares of Anheuser-Busch InBev SA/NV (BUD) through a global secondary offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
buyback
News
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
Rhea-AI Summary
Altria Group, Inc. (MO) announces a $2.4 billion sale of Anheuser-Busch InBev SA/NV shares through a global offering, including a repurchase by ABI. The company also increases its share repurchase program by $2.4 billion, expecting to complete it by 2024. Altria's 2024 full-year adjusted diluted EPS guidance is raised to $5.05 to $5.17, reflecting positive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
Tags
buyback earnings
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News
Altria Announces Intent to Sell a Portion of its Investment in Anheuser-Busch InBev
Rhea-AI Summary
Altria Group, Inc. announced its intent to sell a portion of its investment in Anheuser-Busch InBev SA/NA through a global secondary offering. Altria plans to sell 35 million ABI ordinary shares, representing approximately 10% ownership. The proceeds will be used for additional share repurchases of Altria's common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
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none
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News
Altria Declares Regular Quarterly Dividend of $0.98 Per Share
Rhea-AI Summary
Altria Group, Inc. (MO) declares a 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
dividends
News
Altria Group, Inc. Announces Retirement of Director Jacinto J. Hernandez From Board of Directors
Rhea-AI Summary
Jacinto J. Hernandez retires from Altria Group, Inc.'s Board of Directors but continues as a strategic advisor under a 5-year agreement. Altria expresses gratitude for his service and highlights his industry experience and financial expertise. Hernandez's background includes roles at Capital Group and Aris Water Solutions, Inc. Altria's Vision aims to lead adult smokers to a smoke-free future, offering a diverse portfolio of tobacco and smoke-free products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
Tags
management
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News
Altria Presents as Part of the Consumer Analyst Group of New York Conference; Reaffirms 2024 Full-Year Earnings Guidance
Rhea-AI Summary
Altria Group, Inc. (MO) participates in the Consumer Analyst Group of New York Conference, highlighting progress and growth aspirations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
earnings
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News
Altria to Host Webcast From the Consumer Analyst Group of New York Conference
Rhea-AI Summary
Altria Group, Inc. (NYSE: MO) will host a webcast of its business presentation at the annual Consumer Analyst Group of New York conference, featuring the CEO and CFO. The webcast will be available for pre-event registration and will be in a listen-only mode. An archived copy will be available on the company's website. The event is scheduled for February 21, 2024, at 1:00 p.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
conferences
News
Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire
Rhea-AI Summary
Altria Group, Inc. (MO) announces the retirement of Murray R. Garnick, the Executive Vice President & General Counsel, effective April 1, 2024. Robert A. McCarter will succeed him. Altria's leading portfolio includes tobacco products, a vision to transition adult smokers to a smoke-free future, and a diverse range of subsidiaries in combustible and smoke-free products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
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none
Stock MO logo
Altria Group Inc.

NYSE:MO

MO Rankings

#165 Ranked by Market Cap
#3037 Ranked by Stock Gains
#241 Ranked by Dividends

MO Stock Data

70.51B
1.76B
0.1%
59.9%
3.51%
Tobacco Manufacturing
Manufacturing
Link
US
Richmond

About MO

Altria Group, Inc. is an American corporation and one of the worlds largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond.