|By PR Newswire||
|December 10, 2013 05:47 PM EST||
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.
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.com and www.facebook.com/mondelezinternational.
SOURCE Mondelez International, Inc.