10 unchanged sentences
December 2023 $ 121.00 $ 159.90 $ 207.20
−Removed: FactSet for 2020 to 2022 and Bloomberg “Total Return Analysis” calculated on a daily basis for 2018 and 2019.
+Added: FactSet for 2020 to 2023 and Bloomberg “Total Return Analysis” calculated on a daily basis for 2019.
Total return assumes reinvestment of dividends as of the ex-dividend date.
2 unchanged sentences
At February 15, 2024, there were approximately 48,000 holders of record of our common stock.
−Removed: We have a history of paying cash dividends and have maintained a dividend payout ratio target of approximately 80% of our adjusted diluted earnings per share.
+Added: We have a history of paying cash dividends, and in the first quarter of 2023, established a new progressive dividend goal targeting mid-single digits dividend per share growth annually through 2028.
Future dividend payments remain subject to the discretion of our Board of Directors.
Issuer Purchases of Equity Securities During the Quarter Ended December 31, 2023
−Removed: In January 2021, our Board of Directors authorized a $2.0 billion share repurchase program that it expanded to $3.5 billion in October 2021 (as expanded, the “January 2021 share repurchase program”), which we completed in December 2022.
+Added: In January 2023, our Board of Directors authorized a $1.0 billion share repurchase program, which we completed in December 2023.
In January 2024, our Board of Directors authorized a new $1.0 billion share repurchase program, which we expect to complete by December 31, 2024.
7 unchanged sentences
For the Quarter Ended December 31, 2023 6,522,494 $ 41.41 6,476,200
−Removed: (1) The total number of shares purchased includes (a) shares purchased under the January 2021 share repurchase program and (b) shares withheld by Altria in an amount equal to the statutory withholding taxes for vested stock-based awards previously granted to eligible employees (which totaled 480 shares in November and 105 shares in December).
+Added: (1) The total number of shares purchased includes (a) shares purchased under the January 2023 share repurchase program and (b) shares withheld by Altria in an amount equal to the statutory withholding taxes for vested stock-based awards previously granted to eligible employees (which totaled 45,289 in October and 1,005 shares in November).
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.