MDLZ Approves a $9-B Repurchase Plan: Here's What You Should Know

Mondelez International, Inc. (MDLZ) has been making strategic moves to aid overall growth. The company has been committed to reshaping its portfolio through prudent acquisitions and divestitures, alongside increasing focus on areas with high-growth potential. Mondelez’s healthy cash flows enable it to undertake shareholder-friendly activities. In the latest update, the company’s board has approved a new share repurchase authorization of up to $9 billion of its Class A common stock. This is effective Jan. 1, ...