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Investor Alert

Dec. 2, 2020, 3:43 p.m. EST

Mondelez board approves $4 billion more in stock buybacks

Mondelez International Inc. (NAS:MDLZ) said Wednesday its board approved $4 billion more in share buybacks over the next three years. The snack maker said the new authorization will be added to the remaining $2 billion left on a plan that was set to expire on Dec. 31, for a total authorization of $6 billion going forward. Mondelez shares were down 0.9% Wednesday trading at $57.94.

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