DEERFIELD, Ill., Dec. 10, 2013 /PRNewswire/ -- The Board of Directors of Mondelez International, Inc. today declared a regular quarterly dividend of $0.14 per share of Class A common stock. This dividend is payable on Jan. 14, 2014, to shareholders of record as of Dec. 31, 2013.
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Last week, the company announced an increase in its current share repurchase program to $7.7 billion and an accelerated share repurchase (ASR) agreement to return net proceeds of $1.7 billion from the Starbucks arbitration award to shareholders. Upon completion of the ASR, which is expected no later than the second quarter 2014, Mondelez International will have returned at least $4 billion to shareholders in the form of dividends and share repurchases since its launch as a new company in October 2012.
Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of $35 billion. Creating delicious moments of joy in 165 countries, Mondelez International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum. Mondelez International is a proud member of the Standard and Poor's 500, NASDAQ 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.comand www.facebook.com/mondelezinternational.
SOURCE Mondelez International, Inc.
