Mondelez International, Inc. 8-K 2013
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 3, 2013
MONDELĒZ INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Three Parkway North, Deerfield, Illinois 60015
(Address of principal executive offices, including zip code)
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Item 8.01 Other Events
Mondelēz International today announced that our Board of Directors has approved an increase of $1.7 billion in our current share repurchase program. We are now authorized to repurchase up to $7.7 billion of Mondelēz International Class A Common Stock through 2016, up from the previous authorization of $6 billion. In addition, we have entered into an accelerated share repurchase (ASR) agreement to purchase $1.7 billion of our common stock.
After giving effect to the ASR transaction, we will have $4.8 billion remaining under our existing share repurchase authorization.
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 3, 2013