Current Report Filing (8-k)
February 22 2017 - 9:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 22, 2017
The J. M. Smucker Company
(Exact Name of Registrant as Specified in Its Charter)
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Ohio
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001-05111
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34-0538550
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(State or Other Jurisdiction
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(Commission
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(IRS Employer
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of Incorporation)
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File Number)
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Identification No.)
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One Strawberry Lane
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Orrville, Ohio
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44667-0280
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number,
including area code: (330)
682-3000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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On February 22, 2017, The J. M. Smucker Company (the Company) entered
into a share repurchase plan (the Plan) established in accordance with Rule
10b5-1
of the Securities Exchange Act of 1934, as amended (the Exchange Act), in connection with the
6,586,598 remaining common shares authorized for repurchase by the Companys Board of Directors as of the Companys fiscal quarter ended January 31, 2017. A Rule
10b5-1
plan allows a company to
repurchase its shares at times when it otherwise might be unable to do so under the Exchange Acts insider trading rules or during self-imposed trading blackout periods.
The Plan will facilitate purchases of the Companys common shares under its authorized share repurchase program. The Companys designated broker
will have authority under the Plan to repurchase up to 3,000,000 of the remaining 6,586,598 common shares authorized for repurchase commencing on February 27, 2017 and expiring on October 31, 2017, unless terminated earlier in accordance
with the terms of the Plan. Repurchases under the Plan will be subject to specified parameters and certain price and volume restraints as established in the Plan. Therefore, there is no guarantee as to the exact number of common shares that will be
repurchased. Any repurchased shares will be held in treasury.
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.
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THE J. M. SMUCKER COMPANY
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By:
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/s/ Mark R. Belgya
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Mark R. Belgya
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Vice Chair and Chief Financial Officer
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Date: February 22, 2017
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