secwatch.observer — SEC 8-K summary
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Issuer:     HERSHEY CO (HSY)
CIK:        0000047111
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000047111-23-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hershey agrees to buy 1M shares from Milton Hershey School Trust for $239.9M
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- Purchases 1,000,000 shares of common stock at $239.91 per share from the Milton Hershey School Trust.
- Total purchase price of $239,910,000; shares converted from Class B stock prior to sale.
- Transaction approved by disinterested independent directors of the Board's Executive Committee.
- Closing occurred on February 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/47111/000004711123000008/0000047111-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47111/000004711123000008/hsy-20230213.htm
  HTML page:      https://secwatch.observer/filing/0000047111-23-000008

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