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Altria (NYSE: MO) amends annual report to add ABI audited financials

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
10-K/A

Rhea-AI Filing Summary

Altria Group, Inc. filed Amendment No. 1 to its annual report to add the consolidated financial statements of its foreign equity investee, Anheuser-Busch InBev SA/NV (ABI), as required by Rule 3-09 of Regulation S-X. These ABI statements were audited under Public Company Accounting Oversight Board standards.

The amendment does not change Altria’s own consolidated financial position, results of operations, cash flows, or other disclosures. As of June 30, 2025, Altria’s common stock held by non-affiliates had an aggregate market value of approximately $98 billion, and 1,671,898,087 common shares were outstanding at February 13, 2026.

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Public float $98 billion Aggregate market value of common stock held by non-affiliates as of June 30, 2025
Shares outstanding 1,671,898,087 shares Common stock outstanding at February 13, 2026
Rule 3-09 of SEC Regulation S-X regulatory
"in accordance with Rule 3-09 of SEC Regulation S-X"
Public Company Accounting Oversight Board regulatory
"audited in accordance with the standards of the Public Company Accounting Oversight Board"
An independent oversight body that inspects and sets rules for the firms that audit public companies’ financial statements, ensuring those audits are thorough and trustworthy. Like a building inspector checking that a structure is safe, it helps investors rely on reported profits and debts by reducing the chance of sloppy or fraudulent audits; stronger oversight can raise investor confidence and affect how the market values a company.
well-known seasoned issuer regulatory
"if the registrant is a well-known seasoned issuer, as defined in Rule 405"
A well-known seasoned issuer (WKSI) is a large, established public company that meets regulatory size and reporting tests and is granted special, faster options to sell new securities to raise money. Think of it like a trusted borrower with a standing credit line: investors and markets see it as more familiar and the company can access capital quickly with less paperwork, which can affect share supply and investor returns.
large accelerated filer regulatory
"Large accelerated filer | þ | Accelerated filer"
A large accelerated filer is a publicly traded company that meets the U.S. securities regulator’s size and reporting history thresholds, qualifying it as one of the largest issuers. For investors, that label matters because such companies face faster filing deadlines, more rigorous audit and internal-control disclosure requirements, and generally more transparent and timely financial reporting—like a big, well-regulated store required to post its inventory and receipts promptly for customers to see.
Section 404(b) of the Sarbanes-Oxley Act regulatory
"assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Amendment No. 1
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2025
OR
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                     to                     
Commission File Number 1-08940
ALTRIA GROUP, INC.
(Exact name of registrant as specified in its charter)
Virginia13-3260245
State or other jurisdiction of
incorporation or organization
(I.R.S. Employer
Identification No.)
6601 West Broad Street,Richmond,Virginia23230
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code 804-274-2200
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolsName of each exchange on which registered
Common Stock, $0.33  1/3 par valueMONew York Stock Exchange
2.200% Notes due 2027MO27New York Stock Exchange
3.125% Notes due 2031MO31New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. þ Yes ¨ No
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ¨ Yes þ No
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. þ Yes ¨ No
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). þ Yes ¨ No
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filerþAccelerated filer
Non-accelerated filerSmaller reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.
If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ¨
Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).     Yes þ No



As of June 30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market value of the registrant’s common stock held by non-affiliates of the registrant was approximately $98 billion based on the closing sale price of the common stock as reported on the New York Stock Exchange.
ClassOutstanding at February 13, 2026
Common Stock, $0.33  1/3 par value
1,671,898,087 shares


DOCUMENTS INCORPORATED BY REFERENCE
None
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EXPLANATORY NOTE
This Amendment No. 1 to the Annual Report on Form 10-K (this “Amendment”) of Altria Group, Inc. (“Altria”) amends Altria’s Annual Report on Form 10-K for the year ended December 31, 2025, which Altria filed with the Securities and Exchange Commission (“SEC”) on February 25, 2026 (the “Original Form 10-K”). Altria is filing this Amendment to amend Item 15 of the Original Form 10-K to include the consolidated financial statements of its foreign equity investee, Anheuser-Busch InBev SA/NV (“ABI”), as of December 31, 2025 and 2024 and for the years ended December 31, 2025, 2024 and 2023 (the “ABI Financial Statements”) in accordance with Rule 3-09 of SEC Regulation S-X. The ABI Financial Statements, which were prepared by ABI, were audited in accordance with the standards of the Public Company Accounting Oversight Board (United States).
Except as otherwise expressly noted, this Amendment does not modify or update in any way (i) the consolidated financial position, the results of operations or cash flows of Altria, or (ii) the disclosures in or exhibits to the Original Form 10-K; nor does it reflect events occurring after the filing of the Original Form 10-K. Accordingly, this Amendment should be read in conjunction with the Original Form 10-K and Altria’s other filings made with the SEC subsequent to the filing of the Original Form 10-K.
Part IV
Item 15. Exhibits and Financial Statement Schedules.
(a) The ABI Financial Statements and report of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL (Diegem, Belgium) (PCAOB ID: 1350) found on pages F-1 to F-85 in Exhibit 99.3 are incorporated by reference in response to the requirements of this Item 15(a).
(b) The following exhibits are filed as part of this Amendment:
 
23.1 
Consent of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL, independent registered public accounting firm.
31.3 
Certification of Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.4 
Certification of Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.3 
Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.4 
Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
99.3 
Anheuser-Busch InBev SA/NV consolidated financial statements as of December 31, 2025 and 2024 and for the years ended December 31, 2025, 2024 and 2023; and Independent Registered Public Accounting Firm’s Report as of December 31, 2025 and 2024 and for the years ended December 31, 2025, 2024 and 2023. Incorporated by reference to Anheuser-Busch InBev SA/NV’s Annual Report on Form 20-F for the year ended December 31, 2025.
3


SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
ALTRIA GROUP, INC.
By:/s/ HEATHER A. NEWMAN
(Heather A. Newman
Executive Vice President and
Chief Financial Officer)
Date: May 27, 2026

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FAQ

What does Altria (MO) change in this Form 10-K/A amendment?

The amendment adds consolidated financial statements of Altria’s equity investee ABI. It responds to Rule 3-09 of Regulation S-X and incorporates ABI’s audited statements without changing Altria’s own financial position, results of operations, cash flows, or other disclosures.

Do Altria’s financial results change in this 10-K/A for 2025?

No, Altria states the amendment does not modify its consolidated financial position, results of operations, cash flows, or other disclosures. The only substantive change is adding ABI’s audited financial statements as a foreign equity investee, meeting SEC Regulation S-X Rule 3-09 requirements.

Why is Anheuser-Busch InBev’s data included in Altria’s amended filing?

Altria holds a foreign equity investment in ABI, triggering Rule 3-09 of Regulation S-X. That rule requires separate financial statements for significant equity investees. The amendment therefore incorporates ABI’s consolidated financial statements and auditor report by reference from ABI’s Form 20-F.

How large is Altria’s public float according to this amendment?

As of June 30, 2025, Altria reports common stock held by non-affiliates valued at about $98 billion. This figure is based on the New York Stock Exchange closing sale price and reflects the company’s public float at its most recently completed second fiscal quarter.

How many Altria (MO) shares were outstanding in early 2026?

The amendment states that 1,671,898,087 shares of Altria common stock were outstanding at February 13, 2026. This count covers common stock with $0.33 1/3 par value and provides investors context on the company’s equity base at that date.

Who audited the ABI financial statements added to Altria’s 10-K/A?

ABI’s consolidated financial statements were audited by PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL. The report notes that the audit followed standards of the Public Company Accounting Oversight Board (United States), and these audited statements are incorporated by reference into Altria’s amendment.