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Philip Morris International Spin-off (Completed)
Investor Information FAQs
Impact on Altria and PMI Stock
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Q:
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How will the PMI stock trade? Will it be listed on various exchanges? |
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A:
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The PMI stock's primary listing will be on the New York Stock Exchange under the symbol "PM." It is the intention to also list the stock on the NYSE Euronext/Paris and Swiss exchanges. 
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How will the Spin-off affect the marketplace for Altria's stock? |
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We cannot predict the trading prices for Altria stock before or after the Distribution Date, but the price of Altria stock will no longer reflect the value of PMI after the Spin-off.
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Will the Spin-off affect the number of shares of Altria I currently hold? |
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A: |
The number of shares of Altria stock held by a shareholder will not be changed as a result of the Spin-off. On the Distribution Date, Altria's shareholders received one share of PMI stock for each share of Altria stock that they owned. The market value of each Altria share, however, declined to reflect the impact of the Spin-off.
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Q:
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Will both Altria and PMI qualify under new criteria for inclusion in the S&P 500? |
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A:
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Altria and Philip Morris International will be consitituents of the Standard and Poor's 100 and 500 Indices, effective March 31, 2008. |
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Indices
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DJIA
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7,997.28
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NASDAQ
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1,386.42
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S&P 500
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806.58
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Glossary
Glossary terms are shown in colored links.
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