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Business, Stocks

“Altria adds $2.4 billion to share repurchase kitty, lifts earnings forecast on AB InBev stake sale”

“Altria Group expanded its share buyback program by $2.4 billion and raised its annual profit forecast on Thursday, after the Marlboro maker agreed to sell about 10% of its stake in brewer Anheuser-Busch InBev… The company now expects 2024 adjusted… Continue Reading…

Stocks

“Baker Hughes stock gains after setting $2 billion stock repurchase program”

“Shares of Baker Hughes Co. rallied 0.8% in morning trading Friday, after the oilfield products and services company said it set a $2 billion stock repurchase program. Based Thursday’s stock closing price of $21.18, the buyback program represents about 9.1%… Continue Reading…