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Mondelez International increases share repurchase authorization to $7.7 billion
date:Dec 04, 2013
Mondelez International today announced that its Board of Directors has approved an increase of $1.7 billion in the company's current share repurchase program. The company is now authorized to repurchase up to $7.7 billion of Mondelez International Class A Common Stock through 2016, up from the previous authorization of $6 billion. In addition, the company has entered into an accelerated share repurchase (ASR) agreement to purchase $1.7 billion of the company's common stock.

These actions are co

12/25 00:23