MDLZ Approves a $9-B Repurchase Plan: Here's What You Should Know
Portfolio Pulse from
Mondelez International has authorized a new share repurchase program, allowing the company to buy back up to $9 billion of its Class A common stock. This move is part of Mondelez's strategy to return value to shareholders.
December 12, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mondelez International has approved a $9 billion share repurchase program, which is likely to positively impact its stock price by reducing the number of shares outstanding and potentially increasing earnings per share.
The $9 billion share repurchase program indicates Mondelez's confidence in its financial health and commitment to returning value to shareholders. By reducing the number of shares outstanding, the buyback can increase earnings per share and potentially boost the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100