8-KSecurities & ListingExhibits & Filings

Mondelez International, Inc. 8-K Report, Listing Notice (Jun 8, 2012)

Filed June 8, 2012For Securities:MDLZ

Summary

This Form 8-K filing by Kraft Foods Inc. on June 8, 2012, announces a significant corporate action: the voluntary withdrawal of its Class A Common Stock from listing and trading on the New York Stock Exchange (NYSE). The company intends to transfer its listing to The NASDAQ Global Select Market (NASDAQ), with the change expected to be effective on or around June 26, 2012. The stock will continue to trade under the existing ticker symbol "KFT" on NASDAQ. This strategic move signals a potential shift in how investors will access and trade shares of the company, which was then operating under the Kraft Foods Inc. name. Investors should note the change in trading venue and ensure their brokerage accounts are prepared for the transition. While the filing itself does not detail the rationale behind the move, such transfers are often driven by factors including cost, market accessibility, and perceived investor base alignment. The filing incorporates a press release providing further details.

Key Highlights

  • 1Kraft Foods Inc. announced its intention to voluntarily delist its Class A Common Stock from the NYSE.
  • 2The company plans to transfer its stock listing to The NASDAQ Global Select Market (NASDAQ).
  • 3The listing transfer is expected to be effective on or about June 26, 2012.
  • 4The Class A Common Stock has been approved for listing on NASDAQ.
  • 5The stock will continue to trade under the symbol "KFT" on NASDAQ.
  • 6The filing includes a press release dated June 8, 2012, which provides additional information on this event.

Frequently Asked Questions

The main event is Kraft Foods Inc.'s notification to the NYSE of its intent to voluntarily withdraw its Class A Common Stock from listing on the NYSE and transfer it to The NASDAQ Global Select Market (NASDAQ).

The transfer of listing is expected to be effective on or about June 26, 2012.

No, the Class A Common Stock will continue to trade under the same stock symbol, "KFT", on NASDAQ.

For investors, this means their shares will now be traded on a different exchange. While the ticker symbol remains the same, the move to NASDAQ could potentially affect factors like trading liquidity, market access, and the types of investors who follow the stock. The company likely made this decision for strategic reasons, such as cost savings or alignment with a particular market segment.