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Description
Altria Group, Inc. is an American holding company founded in 1985, renowned as a leader in the tobacco industry with a heritage spanning over 200 years. It owns key subsidiaries including Philip Morris USA, producer of the iconic Marlboro cigarettes and other brands like Parliament and Virginia Slims; John Middleton, maker of Black & Mild cigars; U.S. Smokeless Tobacco Company, offering Copenhagen and Skoal moist smokeless tobacco; Helix Innovations with on! oral nicotine pouches; and NJOY, featuring the first FDA-authorized e-vapor products for tobacco and menthol flavors. Altria is advancing its 'Moving Beyond Smoking' vision by developing smoke-free alternatives, including a joint venture for heated tobacco products, and holds strategic investments in Anheuser-Busch InBev, the global beer leader, and Cronos Group, an emerging cannabinoid firm. Headquartered in Richmond, Virginia, the company supports approximately 6,200 employees, over 300,000 retailers, and 960 tobacco growers while contributing significantly to communities through $59.7 million in donations in 2024. Altria maintains a strong focus on responsibility, sustainability, and shareholder returns via consistent dividends.
About
CEO
Mr. William F. Gifford Jr.
Employees
5900
Address
6601 West Broad Street
11 Bermudiana Road
Richmond, 23230, VA
United States
11 Bermudiana Road
Richmond, 23230, VA
United States
Phone
804 274 2200
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Tobacco
Country
Germany
MIC code
XDUS