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September 4, 2024 at 5:57 PM. Confident comments from a top executive at Mondelēz International (NASDAQ: MDLZ) about the company's immediate future drove up its share price on Wednesday. The food ...
Big bite on buybacks: With its stock price down slightly on the year, Mondelez used the opportunity to buy back $568 million in stock in Q1. A year ago, it repurchased $399 million in stock.
According to the CFTC, the purchase raised the price of the commodity and earned the company $5.4 million. [29] On June 30, 2016, Mondelez made a $23 billion offer to buy its smaller rival, Hershey. [30] The half-cash, half-stock deal valued Hershey stock at $107 a share. [30] Hershey's board, however, unanimously rejected the offer. [30]
Mondelez said last week that first quarter sales and profits surged 18.1% and 17.3%, respectively, from a year ago. The gains reflect strong demand for Oreos and Chips Ahoy cookies despite price ...
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
Website. us.spindices.com /indices /equity /dow-jones-industrial-average. The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ ˈdaʊ /), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
Mondelez (MDLZ) is benefiting from strong organic sales trend. Its solid pricing, focus on innovation and expansion efforts bode well. Here's Why Mondelez (MDLZ) Stock is up 8% After Q4 Results
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