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Indivisible Partners Buys New Stake in PepsiCo, Inc. $PEP
Indivisible Partners has acquired a new stake in PepsiCo, Inc. by purchasing 6,507 shares valued at approximately $934,000 in the fourth quarter. This move comes as PepsiCo demonstrates strong financial performance, having beaten quarterly earnings estimates and raising its quarterly dividend by 4%. The company also authorized a substantial $10.0 billion share buyback, signaling confidence in its cash flow and commitment to shareholder returns.