Apr
02
Kraft begins trading as an independent company; Dividend policy and Share repurchase program already announced
Posted by Administrator under Kraft
Kraft (NYSE: KFT) began trading as a completely independent company after a spin-off from Altria was completed on March 30. The company had previously announced plans for a quarterly dividend of $0.25 per share and a $5 billion share repurchase program that is targeted for completion in March 2009.
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PAYOUT YIELD ANALYSIS
With 1.64 billion shares outstanding, […]
