Financial PerformanceMO's core tobacco business remains strong, stable, and highly profitable, generating more than $1 billion in excess cash per year after dividends.
Growth InitiativesHelix (on!) achieved profitability this quarter, ahead of its 2025 target, which is encouraging as on! continued to gain share despite reduced promotional investments and increased competition.
Stock BuybacksMO completed its $3.4 billion buyback program and announced a new $1 billion buyback program for 2025.