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Mondelez International, Inc. (MDLZ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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55.01-0.22 (-0.40%)
At close: 4:00PM EDT
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Previous Close55.23
Open55.13
Bid0.00 x 4000
Ask0.00 x 3200
Day's Range54.93 - 55.76
52 Week Range41.19 - 59.96
Volume4,402,932
Avg. Volume5,839,255
Market Cap78.573B
Beta (5Y Monthly)0.62
PE Ratio (TTM)23.58
EPS (TTM)2.33
Earnings DateNov. 02, 2020
Forward Dividend & Yield1.26 (2.28%)
Ex-Dividend DateSep. 29, 2020
1y Target Est63.57
  • Analysts Estimate Mondelez (MDLZ) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Mondelez (MDLZ) to Report a Decline in Earnings: What to Look Out for

    Mondelez (MDLZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Mondelēz International Advances Diversity & Inclusion Commitments with Key Appointment, Board-Level Action on Diversity and New Partnerships for Inclusive Marketing
    GlobeNewswire

    Mondelēz International Advances Diversity & Inclusion Commitments with Key Appointment, Board-Level Action on Diversity and New Partnerships for Inclusive Marketing

    * Appoints Robert Perkins as first Mondelēz International Global Diversity & Inclusion Officer * Signs Board Diversity Action Alliance to promote diverse leadership * Joins Unstereotype Alliance to promote inclusive, stereotype-free advertising * Partners with FREE THE WORK to boost discovery and involvement of underrepresented talent in creativeCHICAGO, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced progress against its enhanced diversity and inclusion commitments, including the appointment of the company’s first Global Diversity & Inclusion Officer, Robert Perkins. In this role, Perkins will drive efforts to advance diversity, inclusion, representation and belonging in all our markets, including a commitment to double Black representation in its U.S. management team by 2024. “We’re delighted to appoint Robert to the role of Global Diversity & Inclusion Officer for Mondelēz International as we accelerate our efforts to promote inclusivity for our colleagues, our communities and through our brands,” said Dirk Van de Put, Chairman and Chief Executive Officer, Mondelēz International. “Our ongoing commitment to reflecting the diversity of the world in which we operate is essential to the success of our business and our mission to lead the future of snacking.” Prior to joining Mondelēz International, Perkins gained over 30 years of global experience in a range of retail, food and media enterprises, working with Boards and C-Suite leaders to deliver talent management programs that enabled business growth, including Foot Locker, Inc., Burger King, and Sony Music Entertainment. Perkins assumed his responsibilities in September and will be accountable to Paulette Alviti, Chief People Officer, Mondelēz International, as well as to the CEO and Board of Directors as they advance this important agenda for the company.JOINS BOARD DIVERSITY ACTION ALLIANCE Mondelēz International has joined other international organizations as a signatory of the Board Diversity Action Alliance, which seeks to increase the number of racially and ethnically-diverse leaders on the boards of corporations, beginning with Black directors. It is also accelerating change through enhanced disclosure of Board directors’ race and ethnicity and the annual reporting of diversity, equity and inclusion progress. “Advancing diversity and inclusion across our business, and ensuring accountability for our progress, are essential to corporate governance,” said Jean-François van Boxmeer, Lead Director, Mondelēz International. “Mondelēz International is committed to board diversity, as well as to efforts to increase representation of Black leaders in its U.S. business, and I look forward to working with my board colleagues to help the organization use its scale to increase its positive impact on the world.”   NEW MARKETING PARTNERSHIPS Over the next three years, the company has committed to addressing local and global opportunities to further racial equity and economic empowerment by expanding its D&I initiatives across three key areas: Colleagues, Culture and Communities. These opportunities include mobilizing its consumer-facing brands and leveraging its partnerships with agencies and advertising platforms to drive change, equity and inclusion. Starting in 2021, Mondelēz International and its brands, including OREO, Ritz, Cadbury, Milka and LU, will become members of the Unstereotype Alliance, a thought and action platform that seeks to eradicate harmful stereotypes in all media and advertising content, as well as the FREE THE WORK initiative, a global talent-discovery platform for advertisers to find and connect with underrepresented creators. “Our approach to marketing celebrates the human and emotional connections our brands create with our consumers: From racial inclusion to LGBTQ+ representation, our brands have a long history of ally-ship, advocacy, and standing up for the diversity of the world in which we live,” said Martin Renaud, Chief Marketing Officer, Mondelēz International. “We are excited to become partners of the Unstereotype Alliance and FREE THE WORK, and believe they are the perfect forums to ensure that we continue to drive diversity, inclusivity and belonging in our creative work and creative processes.”About Mondelēz International Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ.About FREE THE WORK FREE THE WORK is a nonprofit initiative dedicated to identifying systemic inequalities in film, television, advertising, and media, and finding actionable solutions to expand access for underrepresented creators.About the Unstereotype Alliance The Unstereotype Alliance seeks to collectively use the advertising industry as a force for good to drive positive change all over the world. Convened by UN Women, the United Nations entity for Gender Equality, the Alliance contributes to empowering women in all their diversity (race, class, age, ability, ethnicity, religion, sexuality, language, education, etc.) and addressing harmful masculinities to help create a gender equal world.About the Board Diversity Action Alliance Founded in September 2020, The Board Diversity Action Alliance (BDAA) is taking action to increase the representation of racially and ethnically diverse directors on corporate boards. Led by Ursula Burns, Gabrielle Sulzberger, Teneo, the Executive Leadership Council and the Ford Foundation, the Board Diversity Action Alliance is leading the focused and aligned effort to increase awareness, expand influence and drive board-level commitments to support a concerted enterprise transformation approach to diversity.    Contacts:Tom Armitage  +1 847 943 5678  news@mdlz.com

  • GlobeNewswire

    Mondelēz International Announces Pricing For Its Cash Tender Offer

    CHICAGO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ: MDLZ) (“Mondelēz International”) announces the pricing of its previously announced offer to purchase (the “Tender Offer”) for cash up to an aggregate amount, including premium, but excluding any Accrued Interest (as defined below), of $1,000,000,000 (such amount as it may be amended, the “Maximum Tender Amount”) of the debt securities listed in the table (the “Notes”) from each holder (individually, a “Holder,” and collectively, the “Holders”) of the applicable Notes, each issued under the applicable indenture, as supplemented by the applicable officers’ certificate, governing each series of Notes. The “Total Consideration” amount for each series of Notes that were validly tendered and not validly withdrawn in the Tender Offer as of 5:00 p.m., New York City time, on October 14, 2020 (the “Early Tender Date”) is set forth in the table below: Title of SecurityCUSIP / ISINApplicable Maturity Date / Par Call DateAggregate Principal Amount OutstandingAcceptance Priority Level(1)Reference U.S. Treasury SecurityBloomberg Reference PageFixed Spread (basis points)Early Tender Premium(2)Total Consideration(2) Group 1 Notes          7.000% Notes due 2037(3)50075N AR5 / US50075NAR52August 11, 2037$127,947,00011.250% U.S. Treasury due May 15, 2050PX1105$30$1,606.80 6.875% Notes due 2038(4)50075N AT1 / US50075NAT19February 1, 2038$183,317,00021.250% U.S. Treasury due May 15, 2050PX1105$30$1,602.99 6.875% Notes due 2039(3)50075N AW4 / US50075NAW48January 26, 2039$165,931,00031.250% U.S. Treasury due May 15, 2050PX1110$30$1,620.13 6.500% Notes due 2031(3)(4)50075N AC8 / US50075NAC83November 1, 2031$274,571,00040.625% U.S. Treasury due August 15, 2030PX1105$30$1,472.88 6.500% Notes due 2040(3)50075N AZ7 / US50075NAZ78February 9, 2040$260,540,00051.250% U.S. Treasury due May 15, 2050PX1110$30$1,590.61 4.625% Notes due 2048609207 AP0 / US609207AP00November 7, 2047*$300,000,00061.250% U.S. Treasury due May 15, 2050PX1115$30$1,381.38 Group 2 Notes          4.000% Notes due 2024609207 AB1 / US609207AB14November 1, 2023*$695,582,00071.625% U.S. Treasury due October 31, 2023PX517.5$30$1,110.43 3.625% Notes due 2023609207 AQ8 / US609207AQ82April 7, 2023*$750,000,00081.500% U.S. Treasury due March 31, 2023PX515$30$1,081.80 3.625% Notes due 2026609207 AR6 / US609207AR65December 13, 2025*$600,000,00090.250% U.S. Treasury due September 30, 2025PX155$30$1,139.71 4.125% Notes due 2028609207 AM7 / US609207AM78February 7, 2028*$700,000,000100.625% U.S. Treasury due August 15, 2030PX155$30$1,198.90 (1) Mondelēz International will accept Notes in the order of their respective Acceptance Priority Level specified in the table above (each, an “Acceptance Priority Level,” with “1” being the highest Acceptance Priority Level and “10” being the lowest Acceptance Priority Level), subject to the terms and conditions described elsewhere in the Offer to Purchase, including the Maximum Tender Amount and each applicable Maximum Tender SubCap. (2) Per $1,000 principal amount of Notes. (3) Issuer formerly known as Kraft Foods Inc. (4) Admitted to trading on the Regulated Market of the Luxembourg Stock Exchange. * Refers to the Par Call Date for such series of Notes. The Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated September 30, 2020 (as the same may be amended or supplemented from time to time, the “Offer to Purchase”). Capitalized terms used in this press release but not defined have the meanings given to them in the Offer to Purchase.As previously announced, Mondelēz International increased the Maximum Tender Amount and the Maximum Tender SubCap of the validly tendered Notes listed under the heading “Group 2 Notes” in the table above and accepted for purchase all $949,671,000 aggregate principal amount of Notes validly tendered and not validly withdrawn prior to the Early Tender Date. No additional Notes tendered after the Early Tender Date will be accepted for purchase pursuant to the Tender Offer. Notes tendered pursuant to the Tender Offer and not accepted for purchase will be returned to the tendering Holders promptly following the Early Tender Date.As previously announced, the consideration paid in the Tender Offer has been determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread over the yield to maturity of the applicable U.S. Treasury Security as specified in the table above as calculated by the Lead Dealer Managers (as defined below) for the Tender Offer at 10:00 a.m., New York City time, on Thursday, October 15, 2020.Holders who have validly tendered (and who have not validly withdrawn) their Notes at or prior to the Early Tender Date and whose Notes are accepted for purchase will receive the applicable “Total Consideration,” which includes an early tender premium of $30 per $1,000 principal amount of the Notes accepted for purchase (the “Early Tender Premium”). In addition to the Total Consideration, all Holders of Notes accepted for purchase will also receive accrued and unpaid interest on such $1,000 principal amount of Notes from the last applicable interest payment date up to, but not including, the applicable settlement date, payable on the applicable settlement date (“Accrued Interest”).Settlement for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase pursuant to the Tender Offer will be on Friday, October 16, 2020. Notes tendered pursuant to the Tender Offer and not accepted for purchase will be returned to the tendering Holders promptly following the Early Tender Date.Barclays Capital Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC and Mizuho Securities USA LLC are serving as lead dealer managers (the “Lead Dealer Managers”) for the Tender Offer. Global Bondholder Services Corporation is acting as information agent (the “Information Agent”) and depositary (the “Depositary”) in connection with the Tender Offer.This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to purchase with respect to any Notes. The Tender Offer is being made solely pursuant to the Offer to Purchase. The Tender Offer is not being made to Holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made on behalf of Mondelēz International by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.The Depositary and Information Agent for the Offers is Global Bondholder Services Corporation. Any questions or requests for assistance or additional copies of this Offer to Purchase may be directed to the Depositary and Information Agent at 65 Broadway – Suite 404, New York, New York 10006, e-mail: contact@gbsc-usa.com, banks and brokers call: 212-430-3774, all others call toll free (U.S. only): 866-470-4500.The Lead Dealer Managers for the Tender Offer are Barclays Capital Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC and Mizuho Securities USA LLC. Any questions related to the terms of the Tender Offer may be directed to Barclays Capital Inc. at 745 Seventh Avenue, 5th Floor, New York, New York 10019, attention: Liability Management Group, toll free: (800) 438-3242, collect: (212) 528-7581, BofA Securities, Inc. at 620 South Tryon Street, 20th Floor, Charlotte, North Carolina 28255, attention: Liability Management Group, collect: (980) 387-3907, e-mail: debt_advisory@bofa.com, Credit Suisse Securities (USA) LLC at 11 Madison Avenue, New York, New York 10010, attention: Liability Management Group, toll free: (800) 820-1653, collect: (212) 325-7823, and Mizuho Securities USA LLC at 1271 Avenue of the Americas, New York, New York 10020, attention: Liability Management Group, toll free: (866) 271-7403, collect: (212) 205-7736.The Senior Co-Managers for the Tender Offer are BBVA Securities Inc., Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Santander Investment Securities Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and U.S. Bancorp Investments, Inc., and the Co-Managers for the Tender Offer are Academy Securities, Inc. and Loop Capital Markets LLC.About Mondelēz International Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, Mondelēz International is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index.Forward-Looking StatementsThis press release contains a number of forward-looking statements. Words, and variations of words, such as “will,” “may,” “expect,” “intend” and similar expressions are intended to identify Mondelēz International’s forward-looking statements, including, but not limited to, statements about the offer to purchase. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Mondelēz International’s control, which could cause Mondelēz International’s actual results to differ materially from those indicated in Mondelēz International’s forward-looking statements. Please see Mondelēz International’s risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission, including Mondelēz International’s most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Mondelēz International disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.Contact: Tom Armitage (Media) +1 847 943 5678 news@mdlz.com  Shep Dunlap (Investors) +1 847 943 5454 ir@mdlz.com