−Removed: Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Our share repurchase activity for each of the three months in the quarter ended June 30, 2023, was as follows:
+Added: Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
+Added: Our share repurchase activity for each of the three months in the quarter ended September 30, 2023, was as follows:
Period Total Number
8 unchanged sentences
Under the Plans or
−Removed: April 1, 2023 –
−Removed: April 30, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
−Removed: May 1, 2023 –
−Removed: May 31, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
−Removed: June 1, 2023 –
−Removed: June 30, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
+Added: July 1, 2023 –
+Added: July 31, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
+Added: August 1, 2023 –
+Added: August 31, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
+Added: September 1, 2023 –
+Added: September 30, 2023 (1) — $ — 10,481,359 $ 6,016,847,275
Pursuant to Publicly
1 unchanged sentence
or Programs — $ —
−Removed: April 1, 2023 –
−Removed: April 30, 2023 (2) 4,252 $ 96.76
−Removed: May 1, 2023 –
−Removed: May 31, 2023 (2) 1,973 $ 96.48
−Removed: June 1, 2023 –
−Removed: June 30, 2023 (2) 3,842 $ 92.90
−Removed: For the Quarter Ended June 30, 2023 10,067 $ 95.23
+Added: July 1, 2023 –
+Added: July 31, 2023 (2) 4,513 $ 97.69
+Added: August 1, 2023 –
+Added: August 31, 2023 (2) 2,410 $ 99.68
+Added: September 1, 2023 –
+Added: September 30, 2023 (2) 7,049 $ 96.37
+Added: For the Quarter Ended September 30, 2023 13,972 $ 97.37
(1) On June 11, 2021, our Board of Directors authorized a new share repurchase program of up to $7 billion, with target spending of $5 billion to $7 billion over a three-year period that commenced in July 2021.
4 unchanged sentences
(2) Shares repurchased represent shares tendered to us by employees who vested in restricted and performance share unit awards and used shares to pay all, or a portion of, the related taxes.
−Removed: Other Disclosures.
−Removed: During the three months ended June 30, 2023, no director or officer of PMI adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as such terms are defined in Item 408(a) of Regulation S-K.
−Removed: 10.1 Supplemental letter to the Employment Agreement with Jacek Olczak, effective April 1, 2023.
−Removed: 10.2 Supplemental letter to the Employment Agreement with Stefano Volpetti, effective April 1, 2023.
−Removed: 31.1 Certification of the Registrant's Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: 31.2 Certification of the Registrant's Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: 32.1 Certification of the Registrant's Chief Executive Officer pursuant to 18 U.S.C.
−Removed: 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 32.2 Certification of the Registrant's Chief Financial Officer pursuant to 18 U.S.C.
−Removed: 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101.INS XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
−Removed: 101.SCH XBRL Taxonomy Extension Schema.
−Removed: 101.CAL XBRL Taxonomy Extension Calculation Linkbase.
−Removed: 101.DEF XBRL Taxonomy Extension Definition Linkbase.
−Removed: 101.LAB XBRL Taxonomy Extension Label Linkbase.
−Removed: 101.PRE XBRL Taxonomy Extension Presentation Linkbase.
−Removed: 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: PHILIP MORRIS INTERNATIONAL INC.
−Removed: /s/ EMMANUEL BABEAU
−Removed: Emmanuel Babeau
−Removed: Chief Financial Officer
−Removed: July 27, 2023
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.