J.M. Smucker Files 8-K Report
Ticker: SJM · Form: 8-K · Filed: Dec 3, 2024 · CIK: 91419
| Field | Detail |
|---|---|
| Company | J M Smucker Co (SJM) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $300 million, $30, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, financials
TL;DR
Smucker filed an 8-K, likely with financial updates. Stay tuned.
AI Summary
On December 3, 2024, The J. M. Smucker Company filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and business operations. No specific transactions or material events were detailed in the provided excerpt.
Why It Matters
This filing serves as an official notification to investors and the public about significant company events or financial updates. It ensures transparency and provides crucial information for investment decisions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure and does not, in itself, indicate any immediate or significant risks to the company.
Key Players & Entities
- J M SMUCKER Co (company) — Registrant
- Ohio (location) — State of incorporation
- 3306823000 (phone_number) — Business phone number
- December 3, 2024 (date) — Date of report
FAQ
What specific "Other Events" are being reported by The J. M. Smucker Company in this 8-K filing?
The provided excerpt does not detail the specific "Other Events" being reported; it only lists the item category.
What is the significance of filing under "Financial Statements and Exhibits"?
This indicates that the filing includes or updates financial statements or related exhibits, which are crucial for investors to assess the company's financial health.
When was The J. M. Smucker Company incorporated or organized?
The company is incorporated or organized in Ohio.
What is the principal executive office address for The J. M. Smucker Company?
The principal executive offices are located at One Strawberry Lane, Orrville, Ohio 44667-0280.
Does this 8-K filing disclose any material changes in the company's business or financial condition?
The excerpt indicates the filing is for "Other Events" and "Financial Statements and Exhibits," but does not specify if these constitute material changes.
Filing Stats: 782 words · 3 min read · ~3 pages · Grade level 9.6 · Accepted 2024-12-03 16:15:59
Key Financial Figures
- $300 million — tively, the "Offers") to purchase up to $300 million aggregate purchase price, not including
- $30 — ich includes an early tender premium of $30 per $1,000 principal amount of Notes, h
- $1,000 — udes an early tender premium of $30 per $1,000 principal amount of Notes, holders must
Filing Documents
- sjm-20241203.htm (8-K) — 32KB
- sjm20241203exhibit991.htm (EX-99.1) — 45KB
- 0000091419-24-000105.txt ( ) — 208KB
- sjm-20241203.xsd (EX-101.SCH) — 2KB
- sjm-20241203_lab.xml (EX-101.LAB) — 21KB
- sjm-20241203_pre.xml (EX-101.PRE) — 12KB
- sjm-20241203_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On December 3, 2024, The J. M. Smucker Company (the "Company") announced that it is commencing cash tender offers (each, an "Offer" and collectively, the "Offers") to purchase up to $300 million aggregate purchase price, not including accrued and unpaid interest, of its outstanding 2.750% Senior Notes due 2041, 3.550% Senior Notes due 2050, 2.125% Senior Notes due 2032, 4.375% Senior Notes due 2045 and 5.900% Senior Notes due 2028 (collectively, the "Notes"). The Offers are being made pursuant to an Offer to Purchase, dated December 3, 2024 (the "Offer to Purchase"), which sets forth a description of the terms of the Offers. The Company expects to pay the consideration for validly tendered and not validly withdrawn Notes pursuant to the Offers with cash on hand and from the Company's commercial paper program. Each Offer is scheduled to expire at 5:00 p.m., New York City time, on January 2, 2025, unless extended or earlier terminated by the Company. To receive the total consideration, which includes an early tender premium of $30 per $1,000 principal amount of Notes, holders must validly tender and not validly withdraw Notes at or prior to 5:00 p.m., New York City time, on December 16, 2024 (the "Early Tender Time"). The early tender premium is included in the total consideration for each series of Notes, and does not constitute an additional or increased payment. Notes validly tendered may not be validly withdrawn after 5:00 p.m., New York City time, on December 16, 2024, unless such deadline is extended with respect to the applicable Offer. The Company expects to settle payments for Notes validly tendered and not validly withdrawn and accepted for purchase at or prior to the Early Tender Time on December 19, 2024. A copy of the press release announcing the launch of the Offers is attached hereto as Exhibit 99.1 and the information set forth therein is incorporated herein by reference. Goldman Sachs & Co. LLC and J.P. Morgan Securities
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release, dated December 3, 2024. 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE J. M. SMUCKER COMPANY By: /s/ Jeannette L. Knudsen Name: Jeannette L. Knudsen Title: Chief Legal Officer and Secretary Date: December 3, 2024 3