US7181721090 - Common Stock
PHILIP MORRIS INTERNATIONAL
NYSE:PM (12/23/2024, 10:32:09 AM)
122.39
-1.83 (-1.47%)
Philip Morris International, Inc. is a holding company, which engages in the business of delivering a smoke-free future and evolving a portfolio for the long term to include products outside of the tobacco and nicotine sector. The company is headquartered in Stamford, Connecticut and currently employs 82,700 full-time employees. The company went IPO on 2008-03-17. The firm's product portfolio primarily consists of cigarettes and smoke-free products, which include heat-not-burn, vapor, and oral nicotine products. The Company’s segments include Europe Region; South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region (SSEA, CIS & MEA); East Asia, Australia, and PMI Duty Free Region (EA, AU & PMI DF); Americas Region; Swedish Match, and Wellness and Healthcare (W&H), which includes the operating of Vectura Fertin Pharma business. The firm's brands include Marlboro, HEETS, IQOS, IQOS ILUMA, TEREA, and ZYN. The Company’s IQOS smoke-free product brand portfolio includes heated tobacco and nicotine-containing vapor products. Its smoke-free platform (Platform 1) uses a precisely controlled heating device into which a specially designed and proprietary tobacco unit is inserted and heated to generate an aerosol.
PHILIP MORRIS INTERNATIONAL
677 Washington Blvd, Ste. 1100
Stamford CONNECTICUT 10017
P: 12039052410
CEO: Andre Calantzopoulos
Employees: 82700
Website: https://www.pmi.com/
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The District of Columbia attorney general's office said it had found evidence that SMNA facilitated online sales of "tens of thousands" of flavored Zyn nicotine pouches to D.C. consumers between October 1, 2022, when the ban was enacted, and June 30, 2024. PMI, which acquired a 90% stake in Swedish Match for $16 billion in November 2022, must now monitor its distributor's compliance with D.C.'s ban quarterly and stop sales of flavored Zyn pouches through Zyn.com and related e-commerce platforms, the AG's office said on Friday.
A comparison between Altria (NYSE: MO) and Kraft Heinz (NASDAQ: KHC) will help explain the tightrope that turnaround investors have to walk. What does Altria do? Altria is one of the largest tobacco companies in the world.
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