The company is redeeming its 2026 notes early, signaling strong financial health. Momentum is building this year, fueled by rapid adoption of its smoke-free products and strong pricing power in its core tobacco business. It has outperformed the S&P 500 over the past year, with shares gaining 30% year-to-date and delivering a 23.4% return. Analysts are bullish about its growth prospects as it advances its smoke-free strategy through innovation and cost discipline. The CEO is scheduled to present at a major investor conference.