Mondelez International completed the spin-off by distributing all outstanding shares of Kraft Foods Group common stock that it owned to its shareholders of record as of the close of business on 19 September.
The distribution was based on a distribution ratio of one share of Kraft Foods Group common stock for every three shares of Mondelez International common stock.
Concurrent with the spin-off, Kraft Foods changed its name to Mondelez International. Mondelez International will now trade on The NASDAQ Global Select Market under the ticker symbol MDLZ, and Kraft Foods Group will trade on The NASDAQ Global Select Market under the ticker symbol KRFT.
Mondelez International will file its separation agreements with Kraft Foods Group and certain pro forma financial information with the US Securities and Exchange Commission.
Source: Mondelez International
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