Welcome to our dedicated page for Mondelez Intl news (Ticker: MDLZ), a resource for investors and traders seeking the latest updates and insights on Mondelez Intl stock.
Mondelēz International, Inc. develops and markets global snack brands across biscuits and baked snacks, chocolate, gum and candy, beverages, and cheese and grocery categories. News for MDLZ commonly covers earnings releases, pricing and volume trends, input costs, advertising and promotion spending, productivity, cash flow, and returns of capital to shareholders.
Company updates also include product innovation and brand campaigns for names such as Oreo, Ritz, Chips Ahoy!, Cadbury, Toblerone, CLIF, LUNA, Nilla, Sour Patch Kids, Swedish Fish, BelVita, LU, Tate's Bake Shop, Milka, and Toblerone. Other recurring developments include limited-edition collaborations, retail promotions, manufacturing investments, and capacity or innovation projects within the company's global snack portfolio.
Mondelēz International (NASDAQ: MDLZ) has successfully contributed to JDE Peet's listing on Euronext Amsterdam, selling part of its stake at €31.50 per share. Post-offering, Mondelēz's ownership will range between 22.9% and 23.4% and it will retain two board seats. The listing enhances flexibility for Mondelēz and establishes a public valuation of its investment in JDE Peet's, similar to its stake in Keurig Dr Pepper (NYSE: KDP). This strategic move indicates continued engagement in the coffee and tea sector.
Mondelēz International (NASDAQ: MDLZ) will be represented by CEO Dirk Van de Put and CFO Luca Zaramella at the 2020 RBC Capital Markets Consumer & Retail Conference, scheduled for May 27 at 8:40 a.m. ET. Investors and interested parties can access a live webcast of the presentation on the company's website, with a replay available afterward. In 2019, Mondelēz reported net revenues of approximately $26 billion, highlighting its position in the global snacking industry with renowned brands like OREO, Cadbury, and Sour Patch Kids.
The Board of Directors of Mondelēz International (NASDAQ: MDLZ) has declared a regular quarterly dividend of $0.285 per share of Class A common stock. This dividend will be payable on July 14, 2020, to shareholders recorded as of the close of business on June 30, 2020. Mondelēz, a leader in the snack industry with approximately $26 billion in 2019 net revenues, offers a wide range of iconic brands, including OREO, Cadbury, and Sour Patch Kids. The company is a member of the S&P 500 and the Dow Jones Sustainability Index.
Summary not available.
Summary not available.
Summary not available.