SEABOARD CORP /DE/ — fact timeline

SEABOARD CORP /DE/ reported three months ended April 4, 2026 results: revenue $ 2,400, net income $ 119, EPS $ 124.24.

“millions of dollars except share and per share amounts. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ April 4, ​ March 29, ​ ​ ​ ​ ​ 2026 ​ ​ ​ 2025 Net sales ​ $ 2,400 ​ $ 2,316 ​ Operating income ​ $ 96 ​ $ 38 ​ Net earnings attributable to Seaboard ​ $ 119 ​ $ 32 ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per common share ​ $ 124.24 ​ $ 32.95 ​ Average number”

SEABOARD CORP /DE/ reported the three months ended March 30, 2024 results: revenue $ 2,191, net income $ 22, EPS $ 22.66.

“Net sales ​ $ 2,191 ​ $ 2,499 ​ Operating loss ​ $ (20) ​ $ (63) ​ Net earnings (loss) attributable to Seaboard ​ $ 22 ​ $ (16) ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings (loss) per common share ​ $ 22.66 ​ $ (13.78)”

Chad Groves was appointed as President and Chief Executive Officer of Seaboard Foods LLC at SEABOARD CORP /DE/.

“Chad Groves has been appointed to succeed Mr. Brown as President and Chief Executive Officer of Seaboard Foods effective upon Mr. Brown's retirement.”

Peter B. Brown departed as President and Chief Executive Officer of Seaboard Foods LLC at SEABOARD CORP /DE/.

“On March 25, 2024, Peter B. Brown, President and Chief Executive Officer of Seaboard Foods LLC (“Seaboard Foods”), a wholly owned subsidiary of Seaboard Corporation (the “Company”), gave notice of his intention to retire from Seaboard Foods effective June 28, 2024.”

SEABOARD CORP /DE/ reported financial results for quarter and year ended December 31, 2023.

“On February 13, 2024, Seaboard Corporation (the “Registrant”) issued a press release announcing earnings for the quarter and year ended December 31, 2023, and the Board of Directors’ declaration of a quarterly cash dividend of $2.25 per share of common stock, payable on March 4, 2024, to stockholders of record at the close of business on February 23, 2024.”

SEABOARD CORP /DE/: Added new Section 57 establishing Delaware Court of Chancery as exclusive forum for certain stockholder actions (effective 2024-01-25).

“On January 25, 2024, the Board of Directors of Seaboard Corporation (“Seaboard”) approved and adopted certain amendments, effective immediately, to its Bylaws (as amended, the “Restated Bylaws”). The Restated Bylaws amend, among other things, Seaboard’s Bylaws to add a new Section 57 that provides that, unless Seaboard consents in writing to the selection of an alternative forum, the sole and exclusive forum for any current or former stockholder to bring (i) any derivative action or proceeding brought on behalf of Seaboard, (ii) any action asserting a claim that is based upon a violation of a duty owed by any current or former director, officer, employee, or stockholder of Seaboard to Seaboard or its stockholders, (iii) any action asserting a claim against Seaboard or its current or former directors, officers, employees, or stockholders arising pursuant to any provision of the Delaware General Corporate Law (“DGCL”) or the certificate of incorporation or the bylaws, (iv) any action a”

SEABOARD CORP /DE/ amended term loan of increased from $700,000,000 to $975,000,000 unsecured term loan with CoBank, ACB; Farm Credit Services of America, PCA; and the lenders party thereto at Base Rate, Term SOFR Rate, Daily Simple SOFR Rate, or fixed Quoted Rate, with ma maturing November 10, 2033.

“The Credit Agreement amended and restated the Amended and Restated Term Loan Credit Agreement dated September 25, 2018 to, among other things, increase Seaboard Foods’ existing $700,000,000 unsecured term loan under the prior agreement to a new $975,000,000 unsecured term loan (“Term Loan”) and extend the maturity date thereunder.”

SEABOARD CORP /DE/ reported nine months ended September 30, 2023 results: revenue $ 7,280, net income $ 162, EPS $ 139.56.

“Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ October 1, ​ September 30, ​ October 1, ​ ​ 2023 2022 2023 2022 Net sales ​ $ 2,388 ​ $ 2,895 ​ $ 7,280 ​ $ 8,577 ​ Operating income (loss) ​ $ 67 ​ $ 155 ​ $ — ​ $ 493 ​ Net earnings attributable to Seaboard ​ $ 126 ​ $ 146 ​ $ 162 ​ $ 357 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per common share ​ $ 108.55 ​ $ 125.78 ​ $ 139.56 ​ $ 307.55”

SEABOARD CORP /DE/ reported three months ended September 30, 2023 results: revenue $ 2,388, net income $ 126, EPS $ 108.55.

“Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ October 1, ​ September 30, ​ October 1, ​ ​ 2023 2022 2023 2022 Net sales ​ $ 2,388 ​ $ 2,895 ​ $ 7,280 ​ $ 8,577 ​ Operating income (loss) ​ $ 67 ​ $ 155 ​ $ — ​ $ 493 ​ Net earnings attributable to Seaboard ​ $ 126 ​ $ 146 ​ $ 162 ​ $ 357 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per common share ​ $ 108.55 ​ $ 125.78 ​ $ 139.56 ​ $ 307.55”

SEABOARD CORP /DE/ entered into Stock Repurchase Agreements with Seaboard Flour LLC, SFC Preferred, LLC, and REP23 LLC (collectively, the Sellers) valued at $600,002,150 (effective 2023-10-09).

“On October 9, 2023, Seaboard Corporation (the “ Company ”) entered into three Stock Repurchase Agreements (the “ Repurchase Agreements ”), with the following three separate counterparties: Seaboard Flour LLC, SFC Preferred, LLC, and REP23 LLC (collectively, the “ Sellers ”).”

SEABOARD CORP /DE/ shareholders approved Ratification and approval of the selection of KPMG LLP as independent auditors for 2023 at the 2023-04-24 meeting.

“Ratification and approval of the selection of KPMG LLP 1,129,856 2,014 359 as independent auditors for 2023:”

SEABOARD CORP /DE/ shareholders approved Election of Ellen S. Bresky as director at the 2023-04-24 meeting.

“The Company held its annual meeting of stockholders on April 24, 2023 in Overland Park, Kansas.”

Barbara M. Smith was appointed as Vice President, Corporate Controller and Principal Accounting Officer at SEABOARD CORP /DE/.

“On April 24, 2023, Seaboard Corporation (the “Company”) promoted Barbara M. Smith, age 42, who has been serving, on an interim basis, as the Company’s Corporate Controller and Principal Accounting Officer since March 2023, to the position of the Company’s Vice President, Corporate Controller and Principal Accounting Officer, with such appointment being effective immediately.”

Barbara M. Smith was appointed as Corporate Controller and Principal Accounting Officer at SEABOARD CORP /DE/.

“On February 24, 2023, the Company appointed the Company’s Corporate Assistant Controller, Barbara M. Smith, to serve as the Company’s Corporate Controller and Principal Accounting Officer on an interim basis, with such appointment being effective March 3, 2023.”

Michael D. Trollinger resigned as Senior Vice President, Corporate Controller and Chief Accounting Officer at SEABOARD CORP /DE/.

“On February 20, 2023, Michael D. Trollinger, the Principal Accounting Officer of Seaboard Corporation (the “Company”), provided the Company notice of his resignation from the position of Senior Vice President, Corporate Controller and Chief Accounting Officer, with such resignation being effective March 3, 2023.”

SEABOARD CORP /DE/ reported financial results for the quarter and year ended December 31, 2022.

“On February 14, 2023, the Registrant issued a press release announcing earnings for the quarter and year ended December 31, 2022”

Jacob A. Bresky was appointed as President and Chief Executive Officer of the Seaboard Overseas and Trading Group at SEABOARD CORP /DE/.

“Jacob A. Bresky has been appointed to succeed Mr. Dannov as President and Chief Executive Officer of the SOTG Division.”

David M. Dannov resigned as President and Chief Executive Officer of the Seaboard Overseas and Trading Group at SEABOARD CORP /DE/.

“David M. Dannov resigned from the position of President and Chief Executive Officer of the Seaboard Overseas and Trading Group (“SOTG Division”), a division of Seaboard Corporation (the “Company”), effective January 9, 2023.”