Philip Morris Shareholders Back Board, Pay and Auditors
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Philip Morris International Inc. held its Annual Meeting of Shareholders on May 6, 2026, where all nominated directors were elected, and shareholders approved the executive compensation program and ratified PricewaterhouseCoopers as auditors for 2026. A proposal for a report on filter cleanup costs was defeated, showing support for management's approach to environmental issues. Analysts rate PM stock as a Buy with a $205 price target, citing strong profitability and cash generation, despite some balance-sheet risks. The company's market cap is $266.7 billion.
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