filings.toolsItem 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The principal stock exchange on which Altria Group, Inc.’s common stock (par value $0.33 1/3 per share) is listed is the New York Stock Exchange. At February 13, 2015, there were approximately 74,000 holders of record of Altria Group, Inc.’s common stock.
Performance Graph
The graph below compares the cumulative total shareholder return of Altria Group, Inc.’s common stock for the last five years with the cumulative total return for the same period of the S&P 500 Index and the Altria Group, Inc. Peer Group Index (1). The graph assumes the investment of $100 in common stock and each of the indices as of the market close on December 31, 2009 and the reinvestment of all dividends on a quarterly basis.
| Date | Altria Group, Inc. | Altria Group, Inc. Peer Group | S&P 500 | |||||||||
| December 2009 | $ | 100.00 | $ | 100.00 | $ | 100.00 | ||||||
| December 2010 | $ | 133.92 | $ | 113.38 | $ | 115.06 | ||||||
| December 2011 | $ | 170.96 | $ | 129.99 | $ | 117.49 | ||||||
| December 2012 | $ | 191.08 | $ | 141.36 | $ | 136.27 | ||||||
| December 2013 | $ | 245.66 | $ | 176.72 | $ | 180.40 | ||||||
| December 2014 | $ | 330.43 | $ | 198.76 | $ | 205.08 |
Source: Bloomberg - “Total Return Analysis” calculated on a daily basis and assumes reinvestment of dividends as of the ex-dividend date.
(1)The Altria Group, Inc. Peer Group consists of 13 U.S.-headquartered consumer product companies that are competitors to Altria Group, Inc.’s tobacco operating companies subsidiaries or that have been selected on the basis of revenue or market capitalization: Campbell Soup Company, The Coca-Cola Company, Colgate-Palmolive Company, ConAgra Foods, Inc., General Mills, Inc., The Hershey Company, Kellogg Company, Kimberly-Clark Corporation, Mondelēz International, Inc., Kraft Foods Group, Inc., Lorillard, Inc., PepsiCo, Inc. and Reynolds American Inc.
Note - On October 1, 2012, Kraft Foods Inc. (KFT) spun off Kraft Foods Group, Inc. (KRFT) to its shareholders and then changed its name from Kraft Foods Inc. to Mondelēz International, Inc. (MDLZ).
Issuer Purchases of Equity Securities During the Quarter Ended December 31, 2014
Altria Group, Inc.’s Board of Directors (the “Board of Directors”), authorized a $1.0 billion share repurchase program in July 2014 (the “July 2014 share repurchase program”), which Altria Group, Inc. expects to complete by the end of 2015. The timing of share repurchases under the July 2014 share repurchase program depends upon marketplace conditions and other factors, and the program remains subject to the discretion of the Board of Directors.
Altria Group, Inc.’s share repurchase activity for each of the three months in the period ended December 31, 2014, was as follows:
| Period | Total Number of Shares Purchased (1) | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs | ||||||||||
| October 1- October 31, 2014 | 543,248 | $ | 45.88 | 543,000 | $ | 752,882,710 | ||||||||
| November 1- November 30, 2014 | 2,112,000 | $ | 49.25 | 2,112,000 | $ | 648,865,971 | ||||||||
| December 1- December 31, 2014 | 2,873,672 | $ | 50.45 | 2,585,000 | $ | 518,341,843 | ||||||||
| For the Quarter Ended December 31, 2014 | 5,528,920 | $ | 49.54 |
| (1) | The total number of shares purchased include (a) shares purchased under the July 2014 share repurchase program (which totaled 543,000 shares in October, 2,112,000 shares in November and 2,585,000 shares in December) and (b) shares withheld by Altria Group, Inc. in an amount equal to the statutory withholding taxes for holders who vested in restricted and deferred stock, and forfeitures of restricted stock for which consideration was paid in connection with termination of employment of certain employees (which totaled 248 shares in October and 288,672 shares in December). |
The other information called for by this Item is included in Note 20. Quarterly Financial Data (Unaudited) to the consolidated financial statements in Item 8.
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