Shares worth$15 billion will be bought by PepsiCo. The common stock through June 2013 will be bought by PepsiCo. The report was announced on Monday of the shares worth $ 15 billion will be buy back by Pepsi. The premarket trading saw a rise by 2 % in the shares. The CEO Indra Nooyi the confidence has been by the board action in the growth. The growth also helps to provide cash to the shareholders. The biggest soft drink seller announced before the plans of buying shares worth $4.4 billion this year.

A prior repurchase authorization for the year OF 2007 will be buy backs. The annual dividend of the company will be boosted by 7% .Around $1.92 dividend which will be seen from the month of June 30.The shareholders of re cord of June 4 will be paid dividend. The company cleared the final regulatory hurdle last month on a purchase.

The two biggest bottler are Pepsi bottling group and Pepsi Americas. The deal in the two biggest bottle buyers in a bid was for $7.8 billion. The two companies PepsiCo and its rival coca cola want more control over distribution. The reason behind those the customers will shift from sugary carbonated drinks to other beverages. A rapport is going on between the two companies so as to compensate with the different consumer taste.