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Mars Inc. is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$45 billion in annual sales in 2022; [7] that year Forbes ranked the company as the fourth-largest privately held company in the United States. [8]
The return on equity (ROE) is a measure of the profitability of a business in relation to its equity; [1] where: . ROE = Net Income / Average Shareholders' Equity [1] Thus, ROE is equal to a fiscal year's net income (after preferred stock dividends, before common stock dividends), divided by total equity (excluding preferred shares), expressed as a percentage.
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When a stock splits, many charts show it similarly to a dividend payout and therefore do not show a dramatic dip in price. Taking the same example as above, a company with 100 shares of stock priced at $50 per share. The company splits its stock 2-for-1. There are now 200 shares of stock and each shareholder holds twice as many shares.
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Mars is an heiress among the members of the Mars family that founded and owns Mars Incorporated, holding shares in the company.As a member of the family, her shares of Mars, Inc. and other assets were estimated by Forbes magazine in April 2024 to be worth $38.5 billion, making her the 19th richest American, and #34 on its list of "The World's Billionaires". [7]
John Franklyn Mars (born October 15, 1935) is an American businessman and heir. He is the chairman of Mars, Inc. As of November 2023, Bloomberg Billionaires Index estimated his net worth at US$46.4 billion, ranking him the 24th-richest person in the world (tied with his sister Jacqueline ).
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