The tobacco giant is selling a chunk of its stake in Anheuser-Busch.
In the closing of the recent trading day, Anheuser-Busch Inbev (BUD) stood at $60.80, denoting a -0.34% change from the preceding trading day.
Altria (MO) divests 35 million shares of Anheuser-Busch InBev. Management expands share repurchase plans while raising the bottom-line view for 2024.