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Jim Cramer on Magnum Ice Cream: “The Stock’s Trading at a Pretty Sizable Discount to Its Peers”
Yahoo Finance· 2025-12-13 15:34
The Magnum Ice Cream Company N.V. (NYSE:MICC) is one of the stocks on Jim Cramer’s radar recently. Cramer said that the company has “already started turning around,” as he stated: “Unilever didn’t seem to want it, but maybe it’ll be worth more as an independent company. I’m optimistic. I’m going to tell you why. First, The Magnum Ice Cream Company is by far the largest player in the industry… Put it all together, and The Magnum Ice Cream Company has 21% global market share… This company has already starte ...
Initial admission to the Official List
Globenewswire· 2025-12-08 07:00
Core Points - The Magnum Ice Cream Company N.V. (TMICC) has announced the admission of its ordinary shares to trading on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange on December 8, 2025 [1][2][8] - TMICC's issued and outstanding ordinary share capital consists of 612,259,739 shares with a nominal value of EUR 3.50 each, carrying one vote per share [4][5] - The company generated €7.9 billion in revenue in 2024, establishing itself as the world's largest ice cream company with a portfolio that includes brands like Magnum, Ben & Jerry's, Wall's, and Cornetto [15] Admission Details - The registration statement was filed on November 4, 2025, and the prospectus was published on December 3, 2025 [2] - Trading on Euronext Amsterdam is set to commence at 9:00 a.m. (Amsterdam time), on the London Stock Exchange at 8:00 a.m. (London time), and on the New York Stock Exchange at 9:30 a.m. (New York time) on December 8, 2025 [8][11] - Shareholders will receive statements evidencing their interests in TMICC ordinary shares by December 23, 2025 [3] Company Strategy - TMICC aims to enhance agility, focus, and ambition as an independent listed company, with a clear strategy to deliver growth and improve productivity [6][7] - The company plans to lead the frozen snacking revolution by innovating new products and enhancing customer service, thereby creating value for shareholders and stakeholders [7]