---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-067555"
form_type: "8-K"
ticker: "MO"
cik: "0000764180"
company_name: "ALTRIA GROUP, INC."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:54:36.971391+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Altria sells $2.4B of ABI shares, boosts buyback by $2.4B, raises FY2024 EPS guidance

## Summary
- Sold 35M ABI shares at $61.50/ADS plus $200M direct ABI repurchase; total ~$2.4B.
- Expanded share repurchase program by $2.4B to total $3.4B; expects completion by Dec 31, 2024.
- Remaining ABI stake ~8.1% (7.8% if underwriters' option exercised); two board seats until 2025 AGM.
- 2024 adjusted EPS guidance raised to $5.05-$5.17 (2-4.5% growth from $4.95); accretion expected.
- Estimated Q1 gain of ~$0.12/sh from ABI sale; Q2 gain of $1.17/sh from IQOS sale excluded from guidance.

## SEC filing metadata
- accession: 0001193125-24-067555
- form_type: 8-K
- ticker: MO
- cik: 0000764180
- company_name: ALTRIA GROUP, INC.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764180/000119312524067555/0001193125-24-067555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764180/000119312524067555/d666855d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-067555
- JSON: https://secwatch.observer/filing/0001193125-24-067555.json
- Plain text: https://secwatch.observer/filing/0001193125-24-067555.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.