Altria Unveils $1 Billion Stock Buyback as Earnings Top Estimates

Altria Unveils $1 Billion Stock Buyback as Earnings Top Estimates

Business
February 1, 2023 by secret
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[ad_1] Text size Altria stock has fallen 1.5% so far in 2023 as of Tuesday’s close. Mario Tama/Getty Images Marlboro maker Altria Group beat earnings and revenue estimates in the fourth quarter and announced a new $1 billion share buyback plan. The cigarettes company reported adjusted earnings per share (EPS) of $1.18, narrowly beating analysts’