Kraft Foods Group to Ring The NASDAQ Stock Market Opening Bell Remotely From Headquarters in Northfield, Illinois
October 01 2012 - 4:41PM
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, 2012 Kraft 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
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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:
To obtain a hi-resolution photograph of the Market Open, please
go to http://www.nasdaq.com/reference/marketsite_events.stm and
click on the market open of your choice.
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
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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
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