PepsiCo, Inc. - PEP STOCK NEWS

Frito-Lay launches its 'Share More Joy' campaign featuring Jimmy Fallon, aiming to rekindle holiday magic. A new TV ad, airing during the Macy's Thanksgiving Day Parade, showcases festive moments and promotes the return of the Frito-Lay Holiday Shop. Specially-marked products will donate up to $500,000 to Toys for Tots, with a combined $1 million donation planned. The Holiday Shop offers themed merchandise, with prices ranging from $15 to $75. The campaign runs until December 31, enhancing Frito-Lay's commitment to spreading joy and supporting local communities.

The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, reflecting a 5% increase compared to last year. This decision is part of the company's strategy to boost its annualized dividend to $4.30 from $4.09, effective from the June 2021 payment. The dividend is scheduled for payment on January 7, 2022, to shareholders on record by December 3, 2021. PepsiCo has a robust history of dividend increases, marking its 49th consecutive annual increase.

PepsiCo has set a goal to help 50 million people access nutritious foods by 2030 through its Food for Good initiative. This includes a commitment of $100 million in agriculture and food security initiatives. The company plans to expand its Food for Good program globally, partnering with local organizations to tackle food insecurity. New investments include a $1 million grant to the World Food Programme and initiatives targeted at childhood malnourishment in countries like Guatemala and Nigeria. PepsiCo aims to leverage partnerships to address global hunger, which affects 800 million people.

PepsiCo, Inc. (NASDAQ: PEP) announced two key leadership appointments on November 12, 2021, to enhance its growth strategy. Jane Wakely becomes Executive Vice President, Chief Consumer and Marketing Officer, and Chief Growth Officer, International Foods, focusing on consumer-centric innovation. Ram Krishnan is appointed CEO, International Beverages and Chief Commercial Officer, effective January 1, 2022, concentrating on accelerating the International Beverages business. These moves aim to optimize operations and drive brand growth across PepsiCo's portfolio.

PepsiCo announced an expansion of its Community College Program to support Black and Hispanic students across nine new cities. The initiative, which addresses a crisis in higher education, aims to provide 1,400 scholarships and additional resources such as professional mentoring and financial assistance. The program initially launched in March 2021, targeting 4,000 students over five years. Alongside scholarship opportunities, participants receive support for living costs and financial literacy education. This expansion is part of PepsiCo's commitment to racial equity and community development.

Tostitos, the official chip and dip of the NFL, has launched a contest called Romo in Your Ear in collaboration with former Cowboys quarterback Tony Romo. One winner will receive a unique earpiece shaped like Romo's face, providing real-time football insights during an NFL game. Fans can enter by submitting a video explaining why they deserve this opportunity. The contest ends on November 29, with the winner hosted for a viewing party in December. This initiative aims to enhance the football experience, bringing fans together while enjoying Tostitos snacks.

PepsiCo, Inc. (NASDAQ: PEP) has announced the pricing terms for cash tender offers related to certain outstanding debt securities. Detailed information is accessible through the company's investor relations page and will also be filed with the SEC on Form 8-K. This move may reflect the company's strategic approach to managing its debt portfolio.

PepsiCo (NASDAQ: PEP) announced early results regarding the increase of the maximum tender amount for cash tender offers on certain outstanding debt securities. Details are available in the Investors section of their website and will be filed with the SEC on Form 8-K. This announcement is crucial for stakeholders interested in the company's capital activities and debt management as it indicates proactive measures in their financial strategy.

YACHAK, a brand under PepsiCo, has launched a new product packaging design aimed at younger, health-conscious consumers. The vibrant cans feature unique animals from the Amazon Rainforest, reflecting the brand's commitment to sustainability and reforestation efforts. YACHAK's five canned tea varieties, including Berry Blue and Passionfruit, maintain their flavor profiles while emphasizing organic ingredients. Each 16oz can contains 165 mg of organic caffeine and retails for $2.59 to $2.79. A portion of sales supports tree planting initiatives, aiming to restore 300 acres of green space by 2024.