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Corporate ActionMay 15, 2026, 08:12 AM

JBT Marel Amends Share Buyback Effective Date to May 18; Declares Dividend

AI Summary

JBT Marel Corporation filed an amended Form 8-K/A to correct the effective date of its previously announced $200 million share repurchase program. The effective date has been changed from June 1, 2026, to May 18, 2026. Additionally, the Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 9, 2026, to stockholders of record on May 26, 2026. The share repurchase program is authorized through May 31, 2029.

Key Highlights

  • JBT Marel amended the effective date of its share repurchase program from June 1, 2026, to May 18, 2026.
  • The Board of Directors authorized a new share repurchase plan of up to $200 million.
  • The share repurchase program is authorized through May 31, 2029.
  • A quarterly cash dividend of $0.10 per share of common stock was declared.
  • The dividend is payable on June 9, 2026.
  • The record date for the dividend is May 26, 2026.
View SEC Filing
JBTM
Industrial Machinery/Components
JBT MAREL Corp

Price Impact

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BuybackMay 14, 4:33 PM

JBT Marel Authorizes $200M Share Buyback; Declares $0.10 Dividend

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