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What happened with Altria “regular way” purchases?

April 26, 2017altria happened purchases regular way

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What happened with Altria “regular way” purchases?

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An individual who purchased Altria stock in the Altria “regular way” market prior to the Distribution Date received shares of PMI if he or she retained the Altria shares through the Distribution Date. He or she had paid for Altria shares including the PMI portion.