Altria Group Files 8-K with Financial Updates
Ticker: MO · Form: 8-K · Filed: Mar 19, 2024 · CIK: 764180
Sentiment: neutral
Topics: financial-reporting, debt-filing
TL;DR
Altria dropped an 8-K on March 13th with financial docs and debt details.
AI Summary
On March 13, 2024, Altria Group, Inc. filed an 8-K report detailing its financial statements and exhibits. The filing includes information related to its common stock and various notes due in 2025, 2027, and 2031.
Why It Matters
This filing provides investors with updated financial information and details on Altria's outstanding debt instruments, offering transparency into the company's financial structure.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.
Key Numbers
- 2025 — Notes Due (Maturity year for a series of notes)
- 2027 — Notes Due (Maturity year for another series of notes)
- 2031 — Notes Due (Maturity year for a long-term series of notes)
Key Players & Entities
- Altria Group, Inc. (company) — Registrant
- March 13, 2024 (date) — Earliest event reported
- Virginia (location) — State of incorporation
- 1-08940 (other) — Commission File Number
- 13-3260245 (other) — I.R.S. Employer Identification Number
FAQ
What specific financial statements are included in this 8-K filing?
The filing indicates that financial statements and exhibits are included, but the specific details of these statements are not enumerated in the provided text.
What is the par value of Altria Group's common stock?
The filing mentions 'CommonStock0.3313ParValueMember', suggesting a par value of $0.3313 per share for its common stock.
What are the maturity dates for the notes mentioned in the filing?
The filing references notes due in 2025, 2027, and 2031.
What is the Commission File Number for Altria Group, Inc.?
The Commission File Number for Altria Group, Inc. is 001-08940.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on March 13, 2024.
Filing Stats: 1,560 words · 6 min read · ~5 pages · Grade level 11.2 · Accepted 2024-03-19 16:25:10
Key Financial Figures
- $0.33 — ange on which registered Common Stock, $0.33 1/3 par value MO New York Stock Exc
- $59.9625 — e form of 12,250,000 ADSs at a price of $59.9625 per share and 22,750,000 Ordinary Share
- $61.50 — er share. The public offering price was $61.50 per ADS in the Secondary Offering, corr
- $200 million — and ABI agreed to purchase from Altria, $200 million of Ordinary Shares in a private transac
- $2.4 billion — ements"), to repurchase an aggregate of $2.4 billion (the "Repurchase Price") of Altria comm
- $3.4 billion — purchase program, which was expanded to $3.4 billion in connection with the Secondary Offeri
Filing Documents
- d788794d8k.htm (8-K) — 38KB
- 0001193125-24-071340.txt ( ) — 204KB
- mo-20240313.xsd (EX-101.SCH) — 5KB
- mo-20240313_def.xml (EX-101.DEF) — 14KB
- mo-20240313_lab.xml (EX-101.LAB) — 23KB
- mo-20240313_pre.xml (EX-101.PRE) — 15KB
- d788794d8k_htm.xml (XML) — 8KB
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains certain forward-looking statements that are subject to various risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, the total number of shares of Common Stock to be delivered at the final settlement of the ASR transactions, the estimated timing of the final settlement of the ASR transactions and the expected timing of completion of Altria's expanded share repurchase program. Factors that may cause actual results to differ include prevailing economic, market or business conditions or changes in such conditions. Other risk factors are detailed from time to time in Altria's publicly filed reports, including its Annual Report on Form 10-K for the year ended December 31, 2023. These forward-looking statements speak only as of the date of this Form 8-K. Altria assumes no obligations to provide any revisions to, or update, any forward-looking statements contained in or implied by this Form 8-K. Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 99.1 Underwriting Agreement, dated as of March 14, 2024, by and among Altria Group, Inc., Anheuser-Busch InBev SA/NV, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and J.P. Morgan SE, as representatives of the several underwriters named therein (incorporated by reference to Exhibit 99.8 to the Schedule 13D/A filed by Altria Group, Inc. on March 14, 2024) 99.2 Share Repurchase Agreement, dated as of March 13, 2024, by and among Altria Group, Inc. and Anheuser-Busch InBev SA/NV (incorporated by reference to Exhibit 99.1 to the Current Report on Form 6-K filed by Anheuser-Busch InBev SA/NV on March 13, 2024) 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALTRIA GROUP, INC. By: /s/ Steven D'Ambrosia Name: Steven D'Ambrosia Title: Vice President and Controller DATE: March 19, 2024 4