Mondelēz International Approves New $9 billion Share Repurchase Authorization and Declares Regular Quarterly Dividend
Mondelēz International (NASDAQ: MDLZ) announced a new $9 billion share repurchase authorization, effective January 1, 2025, through December 31, 2027. This replaces the current $6 billion authorization, which has $2.8 billion remaining and expires December 31, 2025. The Board also declared a regular quarterly dividend of $0.47 per share, payable January 14, 2025.
The company reaffirmed its capital allocation priorities, including brand reinvestment, capabilities enhancement, and bolt-on acquisitions similar to Chipita, Clif, and Ricolino. Given current market conditions, share repurchase remains a key priority, alongside the company's focus on accelerating growth in chocolate, biscuits, and baked snacks categories.
Mondelēz International (NASDAQ: MDLZ) ha annunciato una nuova autorizzazione al riacquisto di azioni da $9 miliardi, in vigore dal 1 gennaio 2025 al 31 dicembre 2027. Questa sostituisce l'attuale autorizzazione da $6 miliardi, che ha $2,8 miliardi rimanenti e scade il 31 dicembre 2025. Il Consiglio ha inoltre dichiarato un dividendo trimestrale regolare di $0,47 per azione, pagabile il 14 gennaio 2025.
L'azienda ha confermato le sue priorità di allocazione del capitale, inclusi il reinvestimento nel marchio, il potenziamento delle capacità e acquisizioni integrate simili a Chipita, Clif e Ricolino. Date le attuali condizioni di mercato, il riacquisto di azioni rimane una priorità fondamentale, insieme all'obiettivo dell'azienda di accelerare la crescita nelle categorie di cioccolato, biscotti e snack da forno.
Mondelēz International (NASDAQ: MDLZ) anunció una nueva autorización de recompra de acciones de $9 mil millones, vigente desde el 1 de enero de 2025 hasta el 31 de diciembre de 2027. Esto reemplaza la actual autorización de $6 mil millones, que tiene $2.8 mil millones restantes y vence el 31 de diciembre de 2025. La Junta también declaró un dividendo trimestral regular de $0.47 por acción, pagadero el 14 de enero de 2025.
La compañía reafirmó sus prioridades de asignación de capital, incluyendo la reinversión en la marca, la mejora de capacidades y adquisiciones adicionales similares a Chipita, Clif y Ricolino. Dadas las condiciones actuales del mercado, la recompra de acciones sigue siendo una prioridad clave, junto con el enfoque de la compañía en acelerar el crecimiento en las categorías de chocolate, galletas y snacks horneados.
몬델레즈 인터내셔널 (NASDAQ: MDLZ)는 90억 달러의 자사주 매입 승인을 발표했으며, 이는 2025년 1월 1일부터 2027년 12월 31일까지 유효합니다. 이는 60억 달러의 현재 승인을 대체하며, 현재 28억 달러가 남아있고 2025년 12월 31일에 만료됩니다. 이사회는 또한 주당 0.47달러의 정기 분기 배당금을 선언했으며, 이는 2025년 1월 14일에 지급됩니다.
회사는 브랜드 재투자, 역량 강화 및 Chipita, Clif, Ricolino와 유사한 인수와 같은 자본 할당 우선 순위를 reaffirm 했습니다. 현재의 시장 조건을 고려할 때, 자사주 매입은 초콜릿, 비스킷 및 구운 스낵 카테고리에서의 성장을 가속화하는 회사의 초점과 함께 중요한 우선 사항으로 남아 있습니다.
Mondelēz International (NASDAQ: MDLZ) a annoncé une nouvelle autorisation de rachat d'actions de 9 milliards de dollars, en vigueur du 1er janvier 2025 au 31 décembre 2027. Cela remplace l'autorisation actuelle de 6 milliards de dollars, dont il reste 2,8 milliards de dollars et qui expire le 31 décembre 2025. Le conseil a également déclaré un dividende trimestriel régulier de 0,47 $ par action, payable le 14 janvier 2025.
L'entreprise a réaffirmé ses priorités en matière d'allocation de capital, y compris le réinvestissement dans la marque, l'amélioration des capacités et des acquisitions annexes similaires à Chipita, Clif et Ricolino. Étant donné les conditions actuelles du marché, le rachat d'actions demeure une priorité clé, parallèlement à l'accent mis par l'entreprise sur l'accélération de la croissance dans les catégories chocolat, biscuits et collations cuites.
Mondelēz International (NASDAQ: MDLZ) gab eine neue Aktienrückkaufgenehmigung über 9 Milliarden US-Dollar bekannt, die vom 1. Januar 2025 bis zum 31. Dezember 2027 gilt. Diese ersetzt die derzeitige Genehmigung über 6 Milliarden US-Dollar, von der noch 2,8 Milliarden US-Dollar übrig sind und die am 31. Dezember 2025 ausläuft. Der Vorstand erklärte außerdem eine reguläre vierteljährliche Dividende von 0,47 US-Dollar pro Aktie, die am 14. Januar 2025 zahlbar ist.
Das Unternehmen bekräftigte seine Prioritäten bei der Kapitalverwendung, einschließlich der Reinvestition in Marken, der Verbesserung von Fähigkeiten und zusätzlichen Akquisitionen ähnlich wie Chipita, Clif und Ricolino. Angesichts der aktuellen Marktbedingungen bleibt der Aktienrückkauf eine wichtige Priorität, zusammen mit dem Fokus des Unternehmens auf die Beschleunigung des Wachstums in den Kategorien Schokolade, Kekse und Backwaren.
- New $9 billion share repurchase authorization approved, 50% larger than previous $6 billion program
- Quarterly dividend of $0.47 per share maintained, showing commitment to shareholder returns
- Strong cash flow generation supporting both reinvestment and shareholder returns
- Strategic focus on profitable snack categories and successful bolt-on acquisition track record
- Large cash allocation to buybacks may limit funds available for strategic acquisitions
- Share repurchases could reduce company's financial flexibility in challenging operating environment
Insights
The $9 billion share repurchase authorization represents a significant 50% increase from the previous $6 billion program, signaling strong confidence in MDLZ's financial position and future prospects. With a current market cap of
The company's strategic focus on chocolate, biscuits and baked snacks, combined with successful bolt-on acquisitions like Chipita, Clif and Ricolino, has strengthened its market position. The emphasis on both organic growth through brand investment and inorganic growth via targeted acquisitions, while maintaining substantial shareholder returns, demonstrates a well-balanced capital allocation strategy that should support long-term value creation.
The expanded buyback program reflects MDLZ's strong cash flow generation and management's conviction in the company's resilient snacking categories. The focus on chocolate, biscuits and baked snacks positions MDLZ well in defensive consumer segments that typically maintain demand even during economic downturns. Recent acquisitions have enhanced the company's portfolio in high-growth markets and categories, while the commitment to continued bolt-on acquisitions suggests further strategic expansion opportunities.
The combination of share repurchases and regular dividends provides a compelling total shareholder return proposition, particularly attractive in the current market environment where investors seek stable returns from established consumer brands with pricing power and global scale.
- New
$9 billion authorization for share repurchase - Company declares regular quarterly dividend of
$0.47 per share - Confirming capital allocation priorities, including brand and capability
reinvestment, bolt-on acquisitions, share repurchase and dividends
CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) approved a new share repurchase authorization of up to
The Board of Directors also declared a regular quarterly dividend of
The company also remains committed to its key capital allocation priorities, which include reinvesting in brands and capabilities, returning capital to shareholders through share repurchases and dividends, and M&A. Given current market conditions, share repurchase remains an opportunity and key priority. The company remains committed to an acquisition strategy that is focused on bolt-on assets similar to recent acquisitions of Chipita, Clif and Ricolino.
“Our new
About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately
Forward-Looking Statements
Forward-Looking Statements This press release contains forward-looking statements. Words, and variations of words, such as “will,” “may,” “expect,” “plan,” “continue” and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements of belief or expectation and statements about Mondelēz International’s leadership position in snacking. These forward-looking statements are subject to change and to inherent risks and uncertainties, many of which are beyond Mondelēz International’s control, which could cause Mondelēz International’s actual results or outcomes to differ materially from those projected or assumed in these forward-looking statements. Please also see Mondelēz International’s risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission, including its most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. There may be other factors not presently known to Mondelēz International or which it currently considers to be immaterial that could cause Mondelēz International’s actual results to differ materially from those projected in any forward-looking statements it makes. Mondelēz International disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
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FAQ
What is the size and duration of MDLZ's new share repurchase program?
How much remains in MDLZ's current share repurchase authorization?
What is MDLZ's latest quarterly dividend amount and payment date?
What are MDLZ's capital allocation priorities for 2025?
Which recent acquisitions has MDLZ completed?
