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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.

Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) announced senior management changes to accelerate its transition to a smoke-free company. Moira Gilchrist will be promoted to Chief Communications Officer, and Marian Salzman will become SVP & Chief Corporate Citizenship Officer effective January 1, 2024. Moira has been with PMI since 2006 and will report to CEO Jacek Olczak. Marian will focus on developing PMI's business in the U.S. market.
Rhea-AI Impact
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End-of-Day
0.41%
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) has been included in the Dow Jones Sustainability™ World Index for the first time, and for the fourth consecutive year in the Dow Jones Sustainability™ North America Composite Index. The company’s ISS ESG corporate rating was also upgraded to ‘prime’ status. PMI scored 85 out of 100 in the 2023 S&P Global Corporate Sustainability Assessment, reflecting a significant increase of 21 points since 2018. PMI is the only company in the tobacco industry to receive Prime status qualification. The company's approach to sustainability is deeply embedded in its corporate strategy and is a true opportunity for innovation, growth, and purpose-led, impact-driven, long-term value creation.
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Rhea-AI Summary
Philip Morris International Inc. (NYSE: PM) declares a regular quarterly dividend of $1.30 per common share, payable on January 10, 2024, to shareholders of record as of December 21, 2023. The ex-dividend date is December 20, 2023. PMI is a leading international tobacco company working towards a smoke-free future, investing over USD 10.5 billion in developing smoke-free products. PMI acquired Swedish Match, a leader in oral nicotine delivery, and aims to expand into wellness and healthcare areas through its Vectura Fertin Pharma business.
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) CFO, Emmanuel Babeau, will address investors at the Morgan Stanley Global Consumer & Retail Conference in New York City. PMI reaffirms its 2023 full-year reported diluted EPS forecast of $4.95 to $4.98, representing a projected currency-neutral increase of 10.0% to 10.5% versus adjusted diluted EPS of $5.98 in 2022.
Rhea-AI Impact
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-0.42%
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) Chief Financial Officer, Emmanuel Babeau, will hold a Fireside Chat Q&A session at the 2023 Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 5, 2023, at 09:30 a.m. ET. PMI is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke. In November 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and PMI estimates that approximately 19.7 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues. PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and, through its Vectura Fertin Pharma business, aims to enhance life through the delivery of seamless health experiences.
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) has appointed Travis Parman as Vice President, Chief Communications Officer, U.S., to lead the company's communications as it progresses toward its goal of delivering a smoke-free future. PMI is a leading international tobacco company investing in smoke-free products and aiming to completely end the sale of cigarettes. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and approximately 19.7 million adults had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues.
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Philip Morris International Inc. (PM) CEO presents at the CECP 2023 CEO Investor Forum, focusing on sustainability, performance, and progress. The presentation highlights PMI's sustainable value creation strategy, low-carbon transition plan, and focus on developing less harmful smoke-free products to replace cigarettes.
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) conducted a survey showing global support for harm reduction and smoke-free alternatives, with 74% believing government inaction has negative health consequences. The survey reinforces the call to accelerate progress towards a smoke-free future.
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Rhea-AI Summary
Philip Morris International Inc. (PM) CEO to hold presentation and Q&A session at CECP CEO Investor Forum 2023, highlighting the company's shift towards a smoke-free future and expansion into wellness and healthcare areas.
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0.34%
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Philip Morris International submits applications for IQOS ILUMA heated tobacco products with the U.S. FDA
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Philip Morris International Inc.

NYSE:PM

PM Rankings

PM Stock Data

155.21B
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.