8-K filed Oct 30, 2025
Altria authorizes $2B for stock buybacks
“Yesterday, our Board of Directors (Board) authorized the expansion of our existing share repurchase program from $1 billion to $2 billion, which now expires on December 31, 2026.”
From Altria’s 8-K filed Oct 30, 2025 · read the filing · all documents
How big is it?
Altria bought back $735M of stock in the twelve months to Jun 30, 2026. At that pace, $2.0B covers about 2.7 years of buybacks.
The amount equals 22% of its free cash flow over the same twelve months ($9.1B).
Its diluted share count is down 0.8% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $260M |
| Q4 '23 | $268M |
| Q1 '24 | $2.4B |
| Q2 '24 | $10M |
| Q3 '24 | $680M |
| Q4 '24 | $310M |
| Q1 '25 | $326M |
| Q2 '25 | $274M |
| Q3 '25 | $112M |
| Q4 '25 | $288M |
| Q1 '26 | $280M |
| Q2 '26 | $55M |