PepsiCo is the parent company of Gatorade, and CEO Ramon Laguarta authorized a dividend raise and buyback.
3 reports, 1 independent
Updated Sep 6
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What happened
PepsiCo is the parent company of Gatorade, and CEO Ramon Laguarta authorized a dividend raise and buyback.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- PepsiCo announced that it is selling Gatorade as part of its brand portfolio.Sub-event
PepsiCo authorizes dividend raise and buyback as parent company of Gatorade.1 source
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The entities involved
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PepsiCo
American soft drink company
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Gatorade
manufacturer of sports-themed beverage and food products
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Ramon Laguarta
Spanish businessman and corporate director; Chair and CEO, PepsiCo
Related events
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- PepsiCo and Coca-Cola provided updates on global organic volume and quarterly performance amid a market share battle.
- PepsiCo owns Frito-Lay, while Coca-Cola has reportedly sidestepped inflationary problems that are plaguing PepsiCo.
- PepsiCo announced it is reducing its product offerings.
- PepsiCo and Chevron are both facing market pressures despite continuing to implement dividend hikes.