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TSX:2349 2 February 2026

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  • Altria Shares Rise Amid FDA Tobacco Rule and Increased Trading Volumes
    June 27, 2026, 6:10 PM EDT. Altria Group (NYSE:MO) shares climbed 0.79% to $73.79 on June 26, driven by a five-day rally that boosted the stock nearly 6.8%, narrowing the gap to its 52-week high. The surge reduced Altria's dividend yield to approximately 5.75% from 6.13%, as the stock price outpaced the fixed quarterly payout. Trading volume spiked 75% above the 65-day average amid FTSE Russell's index rebalancing and heightened market activity. The U.S. Food and Drug Administration proposed new rules requiring foreign tobacco companies to register facilities and list products, raising regulatory considerations. Despite broader market declines, Altria outperformed with a low beta of 0.46, suggesting targeted investor demand.

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