{"id":392092,"date":"2020-12-02T15:18:12","date_gmt":"2020-12-02T20:18:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392092"},"modified":"2020-12-02T15:18:12","modified_gmt":"2020-12-02T20:18:12","slug":"mondelez-international-declares-quarterly-dividend-and-authorizes-additional-4-billion-of-share-repurchases","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-declares-quarterly-dividend-and-authorizes-additional-4-billion-of-share-repurchases\/","title":{"rendered":"Mondel\u0113z International Declares Quarterly Dividend and Authorizes Additional $4 Billion of Share Repurchases"},"content":{"rendered":"
\n

CHICAGO, Dec. 02, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Mondel\u0113z International, Inc. (NASDAQ: MDLZ) today declared a regular quarterly dividend of $0.315 per share of Class A common stock. This dividend is payable on January 14, 2021, to shareholders of record as of December 31, 2020.<\/p>\n

The Board of Directors also approved an extension of the company\u2019s share repurchase program for an additional three years to December 31, 2023, replacing the existing authorization which was set to expire on December 31, 2020. In conjunction with this extension, the Board of Directors approved a $4 billion increase to the share repurchase program authorization, of which approximately $2 billion was remaining, to bring the total remaining authorization to repurchase Class A common stock to approximately $6 billion. The company may repurchase the shares in open market transactions, privately negotiated transactions or a combination of the foregoing. Share repurchases are subject to the company\u2019s discretion based on market conditions, business considerations and other factors.<\/p>\n

\n About Mondel\u0113z International<\/strong>
\n
Mondel\u0113z International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita<\/em> and LU <\/em>biscuits; Cadbury Dairy Milk, Milka <\/em>and Toblerone <\/em>chocolate; Sour Patch Kids<\/em> candy and Trident <\/em>gum. Mondel\u0113z International is a proud member of the Standard and Poor\u2019s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com<\/u><\/a> or follow the company on Twitter at www.twitter.com\/MDLZ<\/u><\/a>.\u00a0<\/p>\n\n\n\n\n
\n Contact:<\/strong>\n <\/td>\nTom Armitage (Media)<\/td>\nShep Dunlap (Investors)<\/td>\n<\/tr>\n
\u00a0<\/td>\n+1 847 943 5678<\/td>\n+1 847 943 5454<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n news@mdlz.com<\/a>\n <\/td>\n\n ir@mdlz.com<\/a>
\n \n <\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

CHICAGO, Dec. 02, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Mondel\u0113z International, Inc. (NASDAQ: MDLZ) today declared a regular quarterly dividend of $0.315 per share of Class A common stock. This dividend is payable on January 14, 2021, to shareholders of record as of December 31, 2020. The Board of Directors also approved an extension of the company\u2019s share repurchase program for an additional three years to December 31, 2023, replacing the existing authorization which was set to expire on December 31, 2020. In conjunction with this extension, the Board of Directors approved a $4 billion increase to the share repurchase program authorization, of which approximately $2 billion was remaining, to bring the total remaining authorization to repurchase … <\/p>\n

Continue reading “Mondel\u0113z International Declares Quarterly Dividend and Authorizes Additional $4 Billion of Share Repurchases”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392092","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMondel\u0113z International Declares Quarterly Dividend and Authorizes Additional $4 Billion of Share Repurchases - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-declares-quarterly-dividend-and-authorizes-additional-4-billion-of-share-repurchases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mondel\u0113z International Declares Quarterly Dividend and Authorizes Additional $4 Billion of Share Repurchases - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHICAGO, Dec. 02, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Mondel\u0113z International, Inc. 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