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Share Buyback Plan Approved by Altria Group (NYSE:MO)

Summary by marketbeat.com
Altria Group (NYSE:MO - Get Free Report) declared that its Board of Directors has approved a stock repurchase plan on Thursday, October 30th, RTT News reports. The company plans to repurchase $2.00 billion in shares. This repurchase authorization permits the company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

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Share Buyback Plan Approved by Altria Group (NYSE:MO)

Altria Group (NYSE:MO - Get Free Report) declared that its Board of Directors has approved a stock repurchase plan on Thursday, October 30th, RTT News reports. The company plans to repurchase $2.00 billion in shares. This repurchase authorization permits the company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

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marketbeat.com broke the news in on Friday, October 31, 2025.
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