date:Feb 14, 2014
vidends in 2014, $2.3 billion more than last year.
The company said it expected to raise its share repurchase program to about $5 billion in 2014, and increased its annual dividend to $2.62 per share from $2.27.
The company said it was on track to save $3 billion through the end of 2014 under a cost-cutting program.
PepsiCo said it would extend the plan, which includes plant closures and increased automation, through 2019. This is expected to save $1 billion annually, the company said.
Chief