Kraft to Celebrate Its Successful Spin-Off From Mondelēz International, Inc. on Oct. 1
ADVISORY, Oct. 1, 2012 (GLOBE NEWSWIRE) --
What:
Kraft Foods Group, Inc., a $19 billion food & beverage powerhouse with a portfolio of beloved, iconic brands, will ring the NASDAQ Stock Market Opening Bell remotely from its Northfield, Illinois headquarters tomorrow, Tuesday, October 2.
By ringing the Opening Bell, Kraft will celebrate its successful October 1 spin-off from its parent company, Mondelēz International, Inc. (formerly Kraft Foods Inc.).
Kraft Foods Group will begin "regular-way" trading on The NASDAQ Global Select Market tomorrow, October 2, 2012, under the ticker symbol "KRFT." Mondelēz International, Inc. will start "regular-way" trading tomorrow, October 2, 2012, on The NASDAQ Global Select Market under the ticker symbol "MDLZ." The previous ticker symbol, "KFT," will be retired.
On June 26, 2012Kraft Foods Inc. switched its exchange listing and began trading on The NASDAQ Global Select Market. To date, more than half a trillion dollars in market capitalization has transferred listings and has begun trading on The NASDAQ Stock Market.
For additional information about the spin-off transaction, please visit the Kraft Foods Investor Center at ir.kraftfoodsgroup.com.
Where:
Kraft Corporate Headquarters, 3 Lakes Drive, Northfield, Illinois
When:
Tuesday, October 2, 2012 — 9:15 a.m. to 9:30 a.m. ET
Contact:
Basil Maglaris
(847) 646-4538
news@kraftfoods.com
NASDAQ MarketSite:
Jen Knapp
(212) 401-8916
Jennifer.knapp@nasdaqomx.com
Feed Information:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
FEC 3/4
SR 13.235
DR 18.295411
MOD 4:2:0
DVBS QPSK
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Webcast:
A live webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx.
Photos:
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About Kraft Foods
Kraft Foods Group, Inc. (Nasdaq:KRFT) is a new company that has been around 109 years. North America's fourth largest consumer packaged food and beverage company, Kraft had revenues of approximately $19 billion in 2011. The company has an unrivaled portfolio of products in the beverages, cheese, convenient meals and grocery categories. Its iconic brands include Kraft, Maxwell House, Oscar Mayer, Planters and JELL-O. Kraft's 25,000 employees in the U.S. and Canada have a passion for making the foods and beverages people love. Kraft Foods Group
became an independent company on Oct. 1, 2012 and will be a member of the Standard & Poor's 500 index. For more information, visit www.kraft.com.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.999% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the
financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
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Source:
The NASDAQ OMX Group, Inc.
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