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Philip Morris International (PMI) Announces New Three-Year Share Repurchase Program of $18 Billion and Declares Regular Quarterly Dividend of $0.77 Per Share

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Philip Morris International (PMI) Announces New Three-Year Share Repurchase Program of $18 Billion and Declares Regular Quarterly Dividend of $0.77 Per Share Powered By Docstoc
					
				
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Description: NEW YORK--(EON: Enhanced Online News)--The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today announced a new three-year share repurchase program of $18 billion. It is anticipated that the new program will be initiated August 1, 2012, following completion of the existing three-year program of $12 billion which began in May 2010 and which will conclude ahead of schedule. As previously announced, PMI has a share repurchase target for 2012 of $6.0 billion. The a style
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