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Kraft Declares Quarterly DividendNEW YORK - Dec 2/04 - SNS -- Kraft Foods Inc. declared a regular quarterly dividend of $0.205 per common share of Class A and Class B stock, payable on January 6, 2005, to stockholders of record as of December 22, 2004. The Board of Directors also authorized a new share repurchase program of up to $1.5 billion to repurchase its Class A common stock. The company expects to complete its current repurchase authorization of $700 million by the end of 2004. Purchases under the new authorization will begin after the current program is completed and are expected to run through 2006.
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