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Philip Morris International Spin-off
Investor Information
The Board of Directors of Altria Group, Inc. (Altria) voted on January 30, 2008, to authorize the spin off of 100% of the shares of Philip Morris International Inc. (PMI) to Altria's shareholders. The distribution was made on March 28, 2008 (the Distribution Date), to Altria shareholders of record as of 5:00 p.m. New York City Time on March 19, 2008 (the Record Date). Altria distributed one share of PMI for every share of Altria stock outstanding as of the Record Date, based on the number of Altria shares outstanding at 5:00 p.m. New York City Time on that date.
Highlights
- The distribution of PMI shares was made on March 28, 2008 (the Distribution Date), to Altria shareholders of record as of 5:00 p.m. New York City Time on March 19, 2008 (the Record Date).
- No action was required by Altria shareholders to receive their PMI stock, and Altria shareholders were not be required to surrender any Altria shares.
- The Spin-off was tax free to Altria and its shareholders for U.S. federal income tax purposes.
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Press Releases
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| Mar. 11, 2008 |
Altria Group, Inc. Holds Investor Presentation Concerning Spin-off of Philip Morris International Inc. |
| Mar. 7, 2008 |
Altria Group, Inc. Announces Effectiveness of the Form 10 Registration Statement of Philip Morris International Inc. |
| Feb. 29, 2008 |
Altria Group, Inc. (Altria) Announces Expiration of Tender Offers and Consent Solicitations |
| Feb 13, 2008 |
Altria Group, Inc. (Altria) Announces Receipt of Requisite Consents for U.S. Dollar Notes and Amendments to Tender Offers and Consent Solicitations |
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Jan 31, 2008 |
Altria Group, Inc. (Altria) Announces Tender Offers and Consent Solicitations |
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Jan 30, 2008 |
Altria Group, Inc. Reports 2007 Results and Announces Spin-off of Philip Morris International Inc. [Corrected] |
Information Statement
Form 10 (pdf 659KB)
| Key dates associated with the Spin-off are provided. |
| Contact information related to the Spin-off is available for both shareholders and members of the media. |
| This section provides answers to common questions about the Spin-off. |
| The Glossary provides definitions of terms related to the Spin-off. The terms are in colored links throughout the Philip Morris International Spin-off Investor Information and the Compensation and Benefits Programs sections of this Web site. |
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Indices
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DJIA
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10,623.33
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NASDAQ
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2,366.34
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S&P 500
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1,150.26
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Glossary
Glossary terms are shown in colored links.
Related InformationOn Altria.com:
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