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Kellogg Company Buyback

OLI recorded this information on 12/12/2022

Company: Kellogg Company
Buyback: K buyback
$Amount Authorized: $1,500,000,000
Buyback Details: Kellogg Company (NYSE: K) today announced that its Board of Directors has approved a share repurchase authorization of up to $1.5 billion, under which the Company may buy back Kellogg shares at its discretion from January 1, 2023, through December 31, 2025.

Kellanova is engaged in the manufacture and marketing of snacks and convenience foods. Co.'s principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles. Co.'s snacks brands are marketed under brands such as Kellogg's, Cheez-It, Pringles, Austin, Parati, and RXBAR. Co.'s cereals and cereal bars are generally marketed under the Kellogg's name, with some under the Kashi and Bear Naked brands. Co.'s frozen foods are marketed under the Eggo and Morningstar Farms brands.

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Company Name:  Kellanova
Stock buyback:  K buyback
Website:  www.kelloggcompany.com
Sector:  Food & Beverage
Number of ETFs Holding K:  110
Total Market Value Held by ETFs:  $3.35B
Total Market Capitalization:  $19.65B
% of Market Cap. Held by ETFs:  17.07%
 

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April 24, 2024    6:20 AM Eastern
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Hold (2.24 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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