philip morris international (PM) Key Developments
Philip Morris International Declares Regular Quarterly Dividend Payable on July 10, 2015
Jun 11 15
Philip Morris International, Inc. declared a regular quarterly dividend of $1.00 per common share, payable on July 10, 2015, to shareholders of record as of June 25, 2015. The ex-dividend date is June 23, 2015.
Quebec Superior Court Issues Judgment in Class Action Lawsuits of Philip Morris International and Imperial Tobacco Canada
Jun 2 15
The judgment in two Canadian class action lawsuits has been publicly issued at the Quebec Superior Court in Canada on 1st June 2015 following a private release which was made on 27th May 2015. The judgment follows a ten year legal challenge against British American Tobacco's Canadian subsidiary, Imperial Tobacco Canada as well as Philip Morris International and Japan Tobacco International's Canadian subsidiaries. On 1st June 2015, the judge publicly issued a ruling in favor of the Plaintiffs awarding a total of CAD 15.6 billion in moral and punitive damages, including interest. Imperial Tobacco Canada's share of the total damages would be CAD 10.4 billion. The judgment also stated that if an appeal was to be made, a provisional execution order would require the defendants to pay CAD 1.131 billion between them. Imperial Tobacco Canada's share of the provisional execution order would be CAD 743 million.
Philip Morris International, Inc. Elects Jennifer Li as Director
May 7 15
Philip Morris International, Inc. announced that at the Annual Meeting of Shareholders held on May 6, 2015, the company elected
Jennifer Li as Director.
Philip Morris International, Inc. Announces Board Changes
May 6 15
Philip Morris International, Inc. announced Carlos Slim Helú did not stand for reelection to the board.
Philip Morris International, Inc. - Shareholder/Analyst Call
Apr 29 15
2015 Annual Meeting of Shareholders