Mondelez International (MDLZ) Stock

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Cadburys is one of 100 brands and products that have lost their royal warrants from King Charles in his second announcement since becoming king. The brand has held a royal warrant since 1854, when it was first granted by Queen Victoria. Currently, Cadburys is owned by Mondelez International Inc, which has faced significant criticism for its ongoing operations in Russia.

Mondelez is preparing for long-term growth by adopting digital changes and new ideas through a strategic partnership with AWS.

AWS has been chosen as a key cloud provider, speeding up the process of moving to the cloud. This decision will help enhance the cloud transformation journey.

Mondelez has approved a new plan to buy back up to $9 billion of its Class A common stock.

Reports indicate that Mondelez is considering buying Hershey, which could lead to the formation of one of the biggest candy companies in the world.

On December 11, 2024, Mondelēz International, Inc. announced that its Board of Directors has approved a new plan to buy back up to $9 billion of its Class A common stock starting January 1, 2025. This new plan will replace the existing $6 billion authorization, which has about $2.8 billion left and is set to expire on December 31, 2025. The company can buy back shares through various methods, depending on market conditions and other business factors.

On Monday, December 9, the S&P 500 dropped by 0.6%, moving down from its record highs as consumer inflation data is expected to be the main focus this week.

On Monday afternoon, the main US stock indexes dropped as investors looked over a report on inflation.