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Seaboard Corporation Announces a $100 million Share Repurchase Program
- Seaboard Corporation announced on May 21, 2025 in Merriam, Kansas, that its Board approved a $100 million share repurchase program for its common stock traded under ticker SEB on NYSE AMERICAN.
- The Board authorized the Repurchase Program due to the Company’s discretion to buy shares through open-market, block trades, trading plans, or other legal means through December 31, 2027, with possible early termination or extension.
- Management retains full discretion over if and when to repurchase shares, considering factors like market price, business conditions, financial health, investment alternatives, legal requirements, and applicable trading plans.
- Any repurchased shares will be retired and revert to authorized but unissued status, with information disclosed in periodic reports on Forms 10-Q and 10-K filed with the SEC as required by securities laws.
- The Repurchase Program contains projections that are subject to various risks and uncertainties, which could cause actual outcomes to vary significantly; the Company does not commit to revising these projections publicly unless mandated by law.
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Mason City Globe Gazette+29 Reposted by 29 other sources
Seaboard Corporation Announces a $100 million Share Repurchase Program
MERRIAM, Kan., May 21, 2025 /PRNewswire/ -- Seaboard Corporation (NYSE AMERICAN: SEB) (the "Company") today announced that its Board of Directors (the "Board") approved a share repurchase program (the "Repurchase Program") authorizing the Company to repurchase up to $100 million…
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Leaning Left3Leaning Right1Center12Last UpdatedBias Distribution75% Center
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