Altria reloads its buyback firepower by another $1B

Altria office sign in Virginia capital city tobacco business closeup by road street, parent company of Philip Morris

krblokhin

Altria Group (NYSE:MO) beat estimates on both lines of its Q4 earnings report, but set guidance below the expectation of analysts.

Net revenue for smokeable products decreased 0.2% during the quarter, primarily driven by lower shipment volume and higher promotional investments, partially offset

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