Altria

American tobacco corporation

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June 1 2023 Completed the acquisition of NJOY Holdings, Inc.
2022 Altria re-entered the electronic cigarette market through the acquisition of NJOY, a prominent e-cigarette brand.
October 27 2022 Announced a joint venture with Japan Tobacco called Horizon Innovations LLC to sell Ploom heated tobacco sticks in the United States.
2020 Altria reported annual earnings of US$4.45 billion and annual revenue of US$26.15 billion for the fiscal year 2020, demonstrating the company's robust financial performance.
2019 Significant financial challenge with net income becoming negative at -$1,300 million, employee count reduced to 7,300, and share price at $49.91
June 2019 Acquired a stake in Swiss tobacco company Burger Söhne (Helix Innovations) for $372 million.
2018 Further decline in net income to $6,955 million, share price dropping to $48.89, while maintaining 8,300 employees
December 2018 Altria acquired NJOY, returning to the electronic cigarette market after previously discontinuing its own brands.
December 2018 Altria discontinued its MarkTen and Green Smoke electronic cigarette brands, exiting the e-cigarette market temporarily.
December 20 2018 Finalized the acquisition of a 35% stake in JUUL Labs for $12.8 billion.
December 8 2018 Announced intent to acquire a 45% stake in Cronos Group for $1.8 billion.
October 2018 Altria's market capitalization was valued at over US$118.5 billion in October 2018, highlighting the company's significant financial standing.
2017 Net income declines to $10,208 million, maintaining 8,300 employees, with share price continuing to rise to $77.41
2016 Significant financial jump with net income dramatically increasing to $14,215 million, employee count reduced to 8,300, and share price climbing to $59.00
2015 Company reduces workforce to 8,800 employees while increasing net income to $5,231 million and share price reaching $47.86
2014 Altria maintains 9,000 employee count and increases net income to $5,058 million, with share price rising to $35.86
2013 Debra J. Kelly-Ennis, former president and CEO of Diageo Canada, Inc., joined the board of directors.
2013 Altria reports 9,000 employees and continues steady financial performance with net income of $4,535 million
2012 Kathryn B. McQuade, retired EVP and CFO of Canadian Pacific Railway Limited, joined the board of directors.
2011 W. Leo Kiely III, retired CEO of MillerCoors LLC, joined the board of directors.
2010 John T. Casteen III joined the board of directors of Altria Group.

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