10 unchanged sentences
December 2024 $ 157.88 $ 132.50 $ 197.02
−Removed: FactSet for 2020 to 2023 and Bloomberg “Total Return Analysis” calculated on a daily basis for 2019.
−Removed: Total return assumes reinvestment of dividends as of the ex-dividend date.
+Added: FactSet - Total return assumes reinvestment of dividends as of the ex-dividend date.
Market and Dividend Information
1 unchanged sentence
At February 14, 2025, there were approximately 46,000 holders of record of our common stock.
−Removed: 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.
−Removed: Future dividend payments remain subject to the discretion of our Board of Directors.
+Added: We have a history of paying cash dividends, and have a progressive dividend goal targeting mid-single digits dividend per share growth annually through 2028.
+Added: Future dividend payments remain subject to the discretion of our Board.
+Added: T able of Contents
Issuer Purchases of Equity Securities During the Quarter Ended December 31, 2024
−Removed: In January 2023, our Board of Directors authorized a $1.0 billion share repurchase program, which we completed in December 2023.
−Removed: 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.
+Added: In January 2024, our Board authorized a $1.0 billion share repurchase program that it increased to $3.4 billion in March 2024 (as increased, “January 2024 share repurchase program”), which we completed in December 2024.
+Added: In January 2025, our Board authorized a new $1.0 billion share repurchase program, which we expect to complete by December 31, 2025.
The timing of share repurchases under this program depends upon marketplace conditions and other factors, and the program remains subject to the discretion of our Board.
6 unchanged sentences
For the Quarter Ended December 31, 2024 5,840,670 $ 53.04 5,836,202
−Removed: (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).
+Added: (1) The total number of shares purchased includes (a) shares purchased under the January 2024 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 839 in October and 3,629 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.