Several companies have announced buybacks this earnings season, increasing their share repurchase programs. The most notable companies implementing lucrative buybacks are oil and gas giant Chevron (CVX) and big tobacco producer Altria (MO).
Today's call is scheduled to last about one hour, including remarks by Altria's management and the question-and-answer session. This morning, Billy Gifford, Altria's CEO; and Sal Mancuso, our CFO, will discuss Altria's fourth quarter and full year business results.
Yahoo Finance Live anchors discuss the rise in stock for cigarette maker Altria.