Altria Buyback Doubles to $2 Billion: Smart Timing or Signal of Peak?

Key Takeaways MO doubled its share repurchase authorization to $2B and extended the program's expiration to Dec. 31, 2026.MO repurchased 12.3M shares for $712M in the first nine months of 2025, including 1.9M shares bought in Q3.MO plans to spread repurchases through 2026 keeping buybacks a consistent part of the capital return strategy.Altria Group, Inc. ((MO) recently made a notable move in its capital allocation strategy, with its management authorizing an expansion of the existing share repurchase progr ...