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Stock Market & Financial Investment News

News Breaks
December 3, 2013
09:05 EDTMDLZMondelez increases share repurchase authorization to $7.7B
Mondelez International announced that its Board of Directors has approved an increase of $1.7B in the company's current share repurchase program. The company is now authorized to repurchase up to $7.7B of Mondelez International Class A Common Stock through 2016, up from the previous authorization of $6B. In addition, the company has entered into an accelerated share repurchase agreement to purchase $1.7B of the company's common stock.
News For MDLZ From The Last 14 Days
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April 10, 2014
07:31 EDTMDLZMondelez spends $110M on new Russia factory, Bloomberg says
Mondelez is planning to spend $110M on a new plant in Russia, which will add enough capacity to make 50K tons of snacks annually, according to Bloomberg, citing comments from company spokesman Michael Mitchell. The new factory is projected to create 180 jobs. Reference Link

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