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Philip Morris International Inc. - $PM STOCK NEWS

Welcome to our dedicated page for Philip Morris International news (Ticker: $PM), a resource for investors and traders seeking the latest updates and insights on Philip Morris International stock.

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 Philip Morris International'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 Philip Morris International's position in the market.

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Philip Morris International Inc. presented at the Jefferies Virtual Reduced Risk Seminar, focusing on the science of smoke-free products and nicotine, as well as innovation in smoke-free products. PMI is actively working towards a smoke-free future and has invested in developing smoke-free products to replace cigarettes. The company acquired Swedish Match in 2022, expanding its product portfolio. PMI's smoke-free products were available in 84 markets by the end of 2023, with approximately 33 million adults using them. The smoke-free business accounted for about 37% of PMI's total revenues in 2023.

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Philip Morris International Inc. (PMI) will present at the 2024 Jefferies Virtual Reduced Risk Seminar on May 7, 2024, showcasing their commitment to a smoke-free future. The company has invested significantly in developing innovative smoke-free products, with a portfolio that includes cigarettes and other alternatives. PMI's smoke-free products are authorized by the FDA and are available in 84 markets worldwide. In 2022, PMI acquired Swedish Match, a leader in oral nicotine delivery, further solidifying their position in the smoke-free market. With a strong focus on scientific research and expansion into wellness and healthcare, PMI aims to enhance life through health experiences.

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Philip Morris International Inc. (PMI) will host a live webcast of its 2024 Annual Meeting of Shareholders on May 8, 2024, accessible at www.virtualshareholdermeeting.com/PM2024. The company is actively working towards a smoke-free future, investing in innovative smoke-free products. PMI acquired Swedish Match in 2022, expanding its presence in oral nicotine delivery. The smoke-free business accounted for 37% of PMI's total revenue in 2023.

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Philip Morris International (PM) reports a strong first-quarter performance with significant growth in net revenues and gross profit. The smoke-free business continues to thrive, accounting for 39% of total net revenues. IQOS maintains its position as a leading nicotine brand, showing growth in markets worldwide. ZYN nicotine pouches experience substantial growth in the U.S., with a market share increase to over 74%. Despite challenges in currency volatility, PM remains optimistic about robust growth and value creation, leading to an increase in full-year guidance.
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Philip Morris International (PM) will host a webcast to discuss its 2024 first-quarter results, focusing on its smoke-free products and expansion into wellness and healthcare areas.
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Philip Morris International Inc. (PMI) releases its fifth annual Integrated Report, highlighting its progress towards a smoke-free future and sustainability goals. The report showcases PMI's expansion of smoke-free alternatives, social and environmental initiatives, and commitment to an empowered workplace. PMI's sustainability strategy focuses on product and operational impacts, with impressive statistics on smoke-free products, environmental programs, and diversity in management positions.
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Philip Morris International appoints Christos Harpantidis as Senior Vice President, External Affairs, aiming to further tobacco harm reduction and smoke-free products globally.
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Philip Morris International (PM) explores the influence of individuals on policymaking in a recent white paper and survey. The research highlights the power of the 'Fifth Estate' in shaping public discourse and challenging traditional authority structures. Americans are increasingly turning to online platforms for information, leading to skepticism of traditional media sources. While social media influences opinions, concerns about misinformation and radical ideologies persist. The survey also reveals a call for authenticity verification and fact-checking by individuals. Support for government intervention in combating misinformation varies among Americans and the global sample.
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Philip Morris International Inc. (PMI) celebrates the 10-Year Anniversary of IQOS with the launch of IQOS ILUMA i, the latest addition to its smoke-free products. The company aims for over two-thirds of its revenue to come from smoke-free products by 2030. IQOS has surpassed Marlboro in net revenues, leading to a decline in cigarette sales in many countries. IQOS ILUMA i features advanced technology and offers a clean, seamless, and flexible experience for adult smokers.
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Philip Morris International Inc.

NYSE:PM

PM Rankings

PM Stock Data

151.62B
1.55B
0.16%
79.52%
0.47%
Tobacco Manufacturing
Manufacturing
Link
United States of America
STAMFORD

About PM

Philip Morris International Inc. is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.