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.
The Board of Directors of Philip Morris International (NYSE: PM) has declared a quarterly dividend of $1.25 per share, payable on July 15, 2022, to shareholders on record as of July 1, 2022. The ex-dividend date is June 30, 2022. PMI continues to focus on transitioning to a smoke-free future, having invested over USD 9 billion since 2008 in innovative products. As of March 31, 2022, approximately 12.7 million adults globally have switched to PMI's smoke-free products.
Philip Morris International Inc. (PM) Chief Financial Officer Emmanuel Babeau addressed investors at the Deutsche Bank Global Consumer Conference in Paris. He highlighted strong growth fundamentals for 2022, particularly from the IQOS brand, and forecasted improved core business performance in Q2. PMI's strategic acquisition of Swedish Match aims to accelerate its smoke-free future, complemented by the upcoming launch of the VEEBA disposable e-vapor product. PMI has invested over USD 9 billion in smoke-free innovations and has 12.7 million global users of IQOS as of March 2022.
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Philip Morris International (NYSE: PM) will host a live webcast featuring CFO Emmanuel Babeau at the 2022 Deutsche Bank Global Consumer Conference on June 14, 2022, at 8:30 a.m. CEST (2:30 a.m. ET). The webcast stream can be accessed live and archived at www.pmi.com/2022deutschebank until July 13, 2022. PMI is committed to a smoke-free future, investing over USD 9 billion since 2008 in smoke-free products like IQOS, now available in 71 markets, with 12.7 million adults having stopped smoking using their products.
Zayo Group Holdings has appointed Lisa Hook to its board of directors. Hook, a former President and CEO of Neustar, brings extensive experience in cloud infrastructure, telecommunications, and digital marketing. During her eight years at Neustar, she held key leadership positions, including on its board since 2010. Currently, she serves on the boards of Fidelity National Information Services (FIS), Philip Morris International (PM), and Ritchie Brothers Holdings (RBA). Hook aims to enhance Zayo's growth in the rapidly evolving communication infrastructure landscape.
Philip Morris International (PM) will participate in the Goldman Sachs Global Staples Forum, with CFO Emmanuel Babeau addressing investors today at approximately 9:35 a.m. ET. The event will be available via live audio webcast, and an archived version can be accessed until 5:00 p.m. ET on June 15, 2022. PMI is shifting towards a smoke-free future, having invested over USD 9 billion in smoke-free product development since 2008, with its products now available in 71 markets. As of March 31, 2022, approximately 12.7 million adults have switched to its IQOS products, helping reduce cigarette sales.
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Philip Morris International (PM) will host a live video webcast featuring CFO Emmanuel Babeau on May 17, 2022, at 9:35 a.m. ET, during the Goldman Sachs Global Staples Forum. Viewers can access the webcast at www.pmi.com/2022goldmansachs. An archived version will be available until June 15, 2022. PMI is committed to a smoke-free future and has invested over USD 9 billion since 2008 in developing smoke-free products, aiming to eliminate cigarette sales. As of March 31, 2022, around 12.7 million adults globally have switched to PMI's IQOS products.
Philip Morris International (PM) has achieved its target of at least 40% female representation in managerial roles by 2022. CEO Jacek Olczak emphasized the importance of diversity for better decision-making and sustainable performance. The company plans to further aim for 35% of women in senior roles by 2025. Additionally, PM has been recertified by the EQUAL-SALARY Foundation, ensuring equal pay for male and female employees across over 90 markets. This achievement is part of PMI's commitment to gender equality and inclusion, alongside initiatives to tackle gender bias in the workplace.