Altria Group Inc logo

Altria Group Inc

24
3
NYSE:MO (USA)   Ordinary Shares
$ 42.09 +0.79 (+1.91%) 08:09 PM EST
Market Cap:
$ 72.29B
Enterprise V:
$ 93.48B
Volume:
18.71M
Avg Vol (2M):
13.69M
Also Trade In:
Volume:
18.71M
Avg Vol (2M):
13.69M

Business Description

Description
Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs. It operates a joint venture with Japan Tobacco in the heated tobacco category.