Smucker announces share repurchase plan for up to 2.35M shares tied to pet food sale to Post

J M SMUCKER Co

Plans to repurchase 2,350,000 common shares between March 2 and March 31, 2023 under existing authorization.
Entered into a Rule 10b5-1 plan for up to 2,350,000 shares, commencing upon closing of pet food sale to Post Holdings.
Pet food sale to Post expected to close in Q4 FY2023 (by April 30, 2023), subject to regulatory approvals.
Repurchases under 10b5-1 plan subject to price and volume restraints; no guarantee of exact number or timing.

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