Seeking Alpha

Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated...

Philip Morris (PM) announces a new three-year share repurchase program of $18B, to be initiated August 1, 2012. The company also declares a quarterly dividend of $0.77/share. (PR)
From other sites
Comments (8)
  • romilar
    , contributor
    Comments (702) | Send Message
     
    Time for coffee and a pipe!
    13 Jun 2012, 06:28 AM Reply Like
  • jeanewight
    , contributor
    Comments (348) | Send Message
     
    better than MCD's div
    13 Jun 2012, 06:28 AM Reply Like
  • bigazul
    , contributor
    Comments (1069) | Send Message
     
    They're prepping for a split.
    13 Jun 2012, 09:09 AM Reply Like
  • donlsales
    , contributor
    Comments (123) | Send Message
     
    Hold this stock forever!
    13 Jun 2012, 09:50 AM Reply Like
  • doc47
    , contributor
    Comments (1337) | Send Message
     
    Great stock and well managed. I've made good money twice on it and have been waiting for a better dip to get back in. Unless Greece takes Europe down next week, it looks like I'll be waiting a long time. MO beginning to get ahead of itself in the wake of all the $1/pack increases in taxes nationwide.
    13 Jun 2012, 10:09 AM Reply Like
  • bigazul
    , contributor
    Comments (1069) | Send Message
     
    Agreed on MO, way over valued in my eyes. Over the past year, I've been selling blocks of MO (first buy in the 80's) and replacing with PM.
    13 Jun 2012, 10:13 AM Reply Like
  • The_Hammer
    , contributor
    Comments (4391) | Send Message
     
    How much debt will be added to the current $18.5 bil? Buybacks using more and more debt is a negligent by this management to boost eps and their compensation. PM is a great company but not by piling on huge amounts of debt. disc. multi-decades shareholder.
    13 Jun 2012, 10:34 AM Reply Like
  • romilar
    , contributor
    Comments (702) | Send Message
     
    The ability of PM to maintain profit margin,their niche mkt. (every where but here) and improving emerging mkts....I hope for a pull back. Don't think i'll see it but I hope. MOs' valuation? Don't know what their smoking, but it ain't tobacco.
    14 Jun 2012, 09:06 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs