Philip Morris International Inc logo

Philip Morris International Inc

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NYSE:PM (USA)   Ordinary Shares
$ 96.96 +2.9 (+3.08%) 03:17 PM EST
Market Cap:
$ 150.73B
Enterprise V:
$ 191.10B
Volume:
7.77M
Avg Vol (2M):
5.97M
Also Trade In:
Volume:
7.77M
Avg Vol (2M):
5.97M

Business Description

Description
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the acquisition in 2022 of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the US and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.