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Philip Morris (PM) Stock News

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Welcome to our dedicated page for Philip Morris news (Ticker: PM), a resource for investors and traders seeking the latest updates and insights on Philip Morris stock.

Philip Morris International Inc. reports developments across its cigarette business and expanding smoke-free portfolio, including IQOS heated tobacco products, ZYN nicotine pouches and e-vapor offerings. Company news commonly covers quarterly results, shipment and revenue trends, product authorizations, brand collaborations, and updates tied to adult-smoker alternatives.

Recurring announcements also address U.S. and international regulatory matters, including FDA modified-risk tobacco product authorizations for IQOS, as well as annual shareholder meetings, board elections, executive compensation votes, auditor ratification, shareholder proposals, and corporate responsibility initiatives.

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Philip Morris International (NYSE: PM) declared a regular quarterly dividend of $1.47 per share, payable July 20, 2026, to shareholders of record on June 25, 2026; the ex-dividend date is June 25, 2026.

Smoke-free products represented 43% of Q1 2026 net revenues and are used by an estimated 43 million adult consumers. PMI has invested over $16 billion in smoke-free innovation since 2008.

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Philip Morris International (NYSE:PM) released KPMG-backed data showing illicit cigarettes reached 10.3% of EU consumption in 2025 (41.8 billion units), implying €16.7 billion in lost tax revenues. Counterfeits rose to 44% of EU illicit volume (18.3 billion), with Western Europe—especially France, Belgium and the Netherlands—most exposed.

PMI highlights contrasting trends in markets such as Greece and Ukraine, calls for evidence-based regulation, and notes its smoke-free products generated 43% of Q1 2026 net revenues and are used by over 43 million adults.

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Philip Morris International (NYSE: PM) will present at the 2026 dbAccess Global Consumer Conference and has updated its 2026 EPS outlook.

The company now forecasts reported diluted EPS of $7.18–$7.33 and adjusted diluted EPS of $8.31–$8.46, implying 10.2–12.2% growth versus 2025, including currency and a non-cash RBH impairment.

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Philip Morris International (NYSE:PM) will host a live webcast of its presentation and Q&A with CEO Jacek Olczak at the 2026 dbAccess Global Consumer Conference on June 2, 2026, at approximately 11:15 a.m. CET (5:15 a.m. ET).

The webcast, including a replay available for one year, can be accessed via PMI’s website or its free Investor Relations Mobile App. PMI also highlights the growth of its smoke-free portfolio, which represented 43% of first-quarter 2026 net revenues.

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Philip Morris International (NYSE: PM) announced that IQOS entered Kantar’s BrandZ 2026 Top 100 Most Valuable Global Brands at #74, highlighting its growing relevance among adult nicotine users.

IQOS has over 35 million users, surpassed $10 billion in annual net revenues, and contributes to PMI’s smoke-free business, which generated nearly $17 billion in 2025 and 43% of total net revenues in Q1 2026.

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Philip Morris (NYSE:PM), through PMI U.S., launched a yearlong America250 initiative focused on innovation and reinvention. The program builds on a reported $1 billion U.S. investment in manufacturing, operations, and people through Sept. 30, 2025, and the growth of modern nicotine brands ZYN and IQOS.

Key elements include a $250,000 Community Futures Challenge, a five-city innovation tour starting June 2026, expanded community giving and volunteer efforts, manufacturing expansion including the Aurora facility, and limited-edition America250 designs for ZYN and IQOS. The initiative culminates with the Next.Now Summit in Phoenix in early 2027.

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Philip Morris International (NYSE: PM) appointed Massimo Andolina as Group CFO, effective August 1, 2026, succeeding Emmanuel Babeau, who becomes Strategic Advisor until March 31, 2027 to support the transition.

Smoke-free products represented 43% of Q1 2026 net revenues and are used by over 43 million adults as of December 31, 2025. PMI has invested over $16 billion in smoke-free innovation since 2008, supported by multiple FDA marketing and Modified Risk Tobacco Product authorizations.

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Philip Morris International U.S. (NYSE:PM) is expanding its early-career talent pipeline, doubling its 2026 intern class to 25 and broadening programs across functions and geographies.

PMI U.S. now offers Summer Internships, an Early-Career Territory Sales Manager track, and an 18–24 month Fellows Program, with 25% of 2025 interns converting to full-time roles.

The company highlights recent workplace recognitions, including Great Place to Work Certification, USA Today Top Workplace honors, inclusion on Forbes' America's Best Companies to Work For & Invest In list, and ranking among The Wall Street Journal's Top 10 Best Managed Companies.

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Philip Morris International (NYSE:PM) emphasized the strategic value of human judgment amid rapid AI adoption at the Wall Street Journal Future of Everything forum on May 8, 2026. Chief Global Communications Officer Moira Gilchrist urged protection of cognition as AI automates routine work.

PMI said its smoke-free products were used by over 43 million legal-age consumers as of Dec 31, 2025, accounted for 43% of Q1 2026 net revenues, and that it has invested over $16 billion since 2008 in smoke-free R&D. PMI cited FDA marketing and modified-risk authorizations for certain products.

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Philip Morris International U.S. (NYSE:PM) announced $260,000 in new donations during Military Appreciation Month to expand mental health, peer support, and wellness programs for military caregivers, bereaved families, and spouses.

The grants are: $100,000 to Elizabeth Dole Foundation (total $300,000), $100,000 to TAPS (total $250,000), and $60,000 to Veteran Spouse Network (total $260,000). Since 2022, PMI U.S. has contributed more than $7 million to military-affiliated organizations nationwide.

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FAQ

What is the current stock price of Philip Morris (PM)?

The current stock price of Philip Morris (PM) is $184.3 as of June 12, 2026.

What is the market cap of Philip Morris (PM)?

The market cap of Philip Morris (PM) is approximately 281.7B.