Philip Morris Stock Price, News & Analysis

Philip Morris International (NYSE: PM) will host a live webcast featuring CFO Emmanuel Babeau at the 2022 Deutsche Bank Global Consumer Conference on June 14, 2022, at 8:30 a.m. CEST (2:30 a.m. ET). The webcast stream can be accessed live and archived at www.pmi.com/2022deutschebank until July 13, 2022. PMI is committed to a smoke-free future, investing over USD 9 billion since 2008 in smoke-free products like IQOS, now available in 71 markets, with 12.7 million adults having stopped smoking using their products.

Zayo Group Holdings has appointed Lisa Hook to its board of directors. Hook, a former President and CEO of Neustar, brings extensive experience in cloud infrastructure, telecommunications, and digital marketing. During her eight years at Neustar, she held key leadership positions, including on its board since 2010. Currently, she serves on the boards of Fidelity National Information Services (FIS), Philip Morris International (PM), and Ritchie Brothers Holdings (RBA). Hook aims to enhance Zayo's growth in the rapidly evolving communication infrastructure landscape.

Philip Morris International (PM) will participate in the Goldman Sachs Global Staples Forum, with CFO Emmanuel Babeau addressing investors today at approximately 9:35 a.m. ET. The event will be available via live audio webcast, and an archived version can be accessed until 5:00 p.m. ET on June 15, 2022. PMI is shifting towards a smoke-free future, having invested over USD 9 billion in smoke-free product development since 2008, with its products now available in 71 markets. As of March 31, 2022, approximately 12.7 million adults have switched to its IQOS products, helping reduce cigarette sales.

Philip Morris International (PM) will host a live video webcast featuring CFO Emmanuel Babeau on May 17, 2022, at 9:35 a.m. ET, during the Goldman Sachs Global Staples Forum. Viewers can access the webcast at www.pmi.com/2022goldmansachs. An archived version will be available until June 15, 2022. PMI is committed to a smoke-free future and has invested over USD 9 billion since 2008 in developing smoke-free products, aiming to eliminate cigarette sales. As of March 31, 2022, around 12.7 million adults globally have switched to PMI's IQOS products.

Philip Morris International (PM) has achieved its target of at least 40% female representation in managerial roles by 2022. CEO Jacek Olczak emphasized the importance of diversity for better decision-making and sustainable performance. The company plans to further aim for 35% of women in senior roles by 2025. Additionally, PM has been recertified by the EQUAL-SALARY Foundation, ensuring equal pay for male and female employees across over 90 markets. This achievement is part of PMI's commitment to gender equality and inclusion, alongside initiatives to tackle gender bias in the workplace.

Philip Morris International (PMI) will host a live audio webcast today at 9:30 a.m. ET to discuss its offer for Swedish Match AB (SWMAY). The session will be led by CEO Jacek Olczak and CFO Emmanuel Babeau, featuring a Q&A for investors. The webcast is accessible on PMI's website and mobile app, with an archived version available until 5:00 p.m. ET on June 9, 2022. PMI is committed to a smoke-free future, having invested over USD 9 billion since 2008 in smoke-free products like IQOS, which has attracted approximately 12.7 million users worldwide.

Philip Morris International (NYSE:PM) announces a recommended public offer to Swedish Match shareholders, offering SEK 106 per share, valuing the deal at approximately SEK 161.2 billion ($16.0 billion). This represents a premium of 39.4% over the last closing price and comes with board support. PMI's CEO emphasizes the strategic rationale behind the merger, aimed at accelerating a smoke-free future. The acceptance period is set to run from June 23 to September 30, 2022, conditional upon acquiring over 90% of shares, with a fairness opinion backing the offer.

Philip Morris International (PMI) has confirmed ongoing discussions with Swedish Match AB (SWMAY) regarding a potential acquisition. The company stated that while talks are progressing, it remains uncertain whether an offer will be made, and PMI will refrain from further comments until appropriate. PMI focuses on delivering a smoke-free future, having invested over USD 9 billion since 2008 in developing smoke-free products. As of March 31, 2022, approximately 12.7 million adults have switched to PMI’s IQOS products globally, excluding Russia and Ukraine.