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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