Altria Group, Inc. (MO), a producer of tobacco and cigarettes, on Thursday announced that its Board has authorized a new $1 billion share repurchase program, which is expected to be completed by December 31.
In addition, for the full-year 2025, the company has initiated earnings outlook and expects adjusted income per share of $5.22 to $5.37, higher than $5.12 per share reported for the full-year 2024.
Analysts, on average, forecast the company to earn $5.35 per share, for the year.
The Group projects annual capital expenditures of $175 million to $225 million, while depreciation and amortization expenses are anticipated to be around $290 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.