Boston Beer announces $50M stock buyback plan; director Valette to retire

BOSTON BEER CO INC

Director Jean-Michel Valette to retire at 2025 annual meeting; decision not due to any disagreement.
Boston Beer entered a 10b5-1 plan to repurchase up to $50M of Class A Common Stock.
Repurchases may occur from March 31, 2025 through June 27, 2025.

item 5.02 item 8.01

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Departed

Jean-Michel Valette

Director

SAM · BOSTON BEER CO INC

Filed: March 13, 2025, 7:59 PM ET

On March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jean-Michel Valette departed as Director at BOSTON BEER CO INC.

Action: will not stand for re-election and retire
Role: Director

Exact text from the filing

On March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders.

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BOSTON BEER CO INC filing history →

Source: SEC EDGAR

accession 0000950170-25-038375

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