Jabil Inc. Amends Exit and Disposal Cost Reporting
Ticker: JBL · Form: 8-K/A · Filed: Mar 15, 2024 · CIK: 898293
Sentiment: neutral
Topics: amendment, restructuring, disposal
Related Tickers: JBL
TL;DR
Jabil filed an amendment on their disposal costs, updating prior info from March 13th.
AI Summary
Jabil Inc. filed an amendment (8-K/A) on March 15, 2024, to its previous report concerning cost associated with exit or disposal activities. The amendment pertains to events that occurred on March 13, 2024, and provides updated information regarding these disposal activities.
Why It Matters
This amendment provides updated details on Jabil's restructuring or disposal activities, which could impact future financial performance and operational focus.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, providing updated details rather than introducing new material risks.
Key Players & Entities
- Jabil Inc. (company) — Registrant
- March 13, 2024 (date) — Date of earliest event reported
- March 15, 2024 (date) — Filing date of the amendment
- Delaware (jurisdiction) — State of incorporation
- 001-14063 (other) — Commission File Number
- 38-1886260 (other) — IRS Employer Identification No.
- 10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716 (address) — Principal executive offices
- 727-577-9749 (phone_number) — Registrant's telephone number
FAQ
What specific event triggered the need for this 8-K/A filing?
The filing is an amendment to a previous report concerning cost associated with exit or disposal activities, with the earliest event reported on March 13, 2024.
When was this amendment filed with the SEC?
This Form 8-K/A was filed as of March 15, 2024.
What is the primary purpose of an 8-K/A filing?
An 8-K/A filing is an amendment to a previously filed Form 8-K, used to correct or update information previously reported.
What is Jabil Inc.'s state of incorporation?
Jabil Inc. is incorporated in Delaware.
Where are Jabil Inc.'s principal executive offices located?
Jabil Inc.'s principal executive offices are located at 10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716.
Filing Stats: 806 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2024-03-15 08:15:30
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share JBL New York St
- $300 m — other related costs to be approximately $300 million, including the following estimate
- $150 million — cluding the following estimated items: $150 million to $180 million of employee severance a
- $180 million — owing estimated items: $150 million to $180 million of employee severance and benefit costs
- $80 million — employee severance and benefit costs; $80 million to $120 million of asset write-off cost
- $120 million — ance and benefit costs; $80 million to $120 million of asset write-off costs; and $30 mill
- $30 million — million of asset write-off costs; and $30 million to $40 million of contract termination
- $40 million — et write-off costs; and $30 million to $40 million of contract termination costs and other
Filing Documents
- d807145d8ka.htm (8-K/A) — 26KB
- 0001193125-24-068620.txt ( ) — 147KB
- jbl-20240313.xsd (EX-101.SCH) — 2KB
- jbl-20240313_lab.xml (EX-101.LAB) — 17KB
- jbl-20240313_pre.xml (EX-101.PRE) — 11KB
- d807145d8ka_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JABIL INC. (Registrant) March 15, 2024 By: /s/ MICHAEL DASTOOR Michael Dastoor Chief Financial Officer