secwatch.observer — SEC 8-K summary
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Issuer:     PILGRIMS PRIDE CORP (PPC)
CIK:        0000802481
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0000802481-25-000021
Event type: dividend
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pilgrim's Pride declares $1.5B special dividend ($6.30/share) alongside long-term capital strategy
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- Special cash dividend of $6.30 per share (~$1.5B total) payable April 17, 2025 to holders of record April 3, 2025.
- Over last five years: $950M in acquisitions, $1.8B in buybacks and dividends, $2.2B in capex.
- Plans to expand prepared foods, add small bird capacity, convert big bird plant to case ready, and upgrade protein conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802481/000080248125000021/0000802481-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802481/000080248125000021/ppc-20250314.htm
  HTML page:      https://secwatch.observer/filing/0000802481-25-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer