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|ALTRIA GROUP, INC. filed this Form 8-K on 02/01/2018|
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
In connection with Mr. Gifford’s appointment as the Company’s Vice Chairman and Chief Financial Officer, the Board approved, on January 31, 2018, amendments to the Company’s Amended and Restated By-Laws to add the officer position of vice chairman and make various conforming changes. These amendments will become effective as of May 17, 2018.
A copy of the Company’s Amended and Restated By-Laws reflecting these amendments is attached as Exhibit 3.1 and is incorporated by reference in Item 5.03 of this Current Report on Form 8-K.
Item 8.01. Other Events.
On January 31, 2018, the Board authorized a new $1 billion share repurchase program, which the Company expects to complete by the end of 2018. The timing of share repurchases under this new program depends upon marketplace conditions and other factors, and the program remains subject to the discretion of the Board.
Item 9.01. Financial Statements and Exhibits.