mondelez stock split

The Kraft Heinz Company is a food and beverage company. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. All Rights Reserved. Here is in-depth information on Guru trades of MDLZ. Mondelez International, Inc. is a food and beverage company. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . In short, it all came down to capital requirements. Includes date and ratio. The company’s snacks lines including Cadbury chocolates, biscuits, Oreo cookies, Tang, etc. On October 1, 2012 (the "distribution date"), Kraft Foods Inc. completed the spin-off of Kraft Foods Group, Inc. (the North American grocery business) through a pro rata dividend of all outstanding shares of Kraft Foods Group, Inc. common stock to Kraft Foods Inc. shareholders of record on the record date. There is no action required on your part with respect to the shares of Mondelēz International, Inc. common stock that you hold. The Kraft Heinz Company formerly known as Kraft Foods Group, Inc., is based in PITTSBURGH, United States. However, following the October 2012 division of Kraft Foods into two businesses, a North American grocery company and a global snacks company, Investor Gurus joined Warren Buffet and began unloading KRFT. According to a GuruFocus feature at that time, "Kraft can now take advantage of Cadbury's excellent marketing and distribution networks in emerging markets like India, China and Brazil to help propel the growth of new products it plans to launch in these economies. The two companies were created through a tax-free spin-off of the North American grocery business to Kraft Foods shareholders. | The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Prices shown are actual historical values and …

Publisher. NOTE: The Closing Price, Day's High, Day's Low, and Day's Volume have been A list of most of the brands developed and/or managed Kraft Foods, Kraft Heinz and Mondelez can be found here. Ever since Kraft’s acquisition of Cadbury in 2010 some analysts have predicted the Mondelez spin-off. new per old. ... Stock Picks. Kraft Foods Inc. also changed its name to Mondelēz International, Inc. on October 1, 2012. The stock traded at $46, back in range of its mid-summer highs. Finally, the packaged-food maker Kraft Foods Group Inc. joined the Nasdaq 100 index today.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors.

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The grocery company grows slowly but still is able to return cash to its investors and the snack company grows faster.

Please see the "Historical Prices" tab for adjusted price values. The Split Adjustment Factor is a NOTE: The Closing Price, Day's High, Day's Low, and Day's Volume have been adjusted to account for any stock splits and/or dividends which may have occurred for this security since the date shown above. Thus spinning them off will help it realize high value for both the companies to provide higher returns to its shareholders.". In the quarter ended Dec. 31, 2012, Gurus Daniel Loeb and Louis Moore Bacon sold out their KRFT shares. Its brands include Oreo, Nabisco and LU biscuits; Milka and Cadbury chocolates; Trident gum; Jacobs and Maxwell House coffees; Philadelphia cream cheeses; Kraft cheeses, dinners and dressings; Oscar Mayer meats, and Tang powdered beverage. According to CEO Rosenfeld, the snacks business needed lots of spending to grow and expand whereas the North American grocery business will be a “lean, mean center-of-the-store machine.”. The Company's brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta. More Kraft in the news: Earlier this month, Kraft Foods Group Inc.'s board of directors declared a regular quarterly dividend of $0.50 per share of common stock. cumulative factor which encapsulates all splits since the date shown above.

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