Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Our common shares are listed on the New York Stock Exchange – ticker symbol SJM. There were 384,127 shareholders of record as of June 11, 2024, of which 29,985 were registered holders of common shares.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers: The following table presents the total number of shares of common stock purchased during the fourth quarter of 2024, the average price paid per share, the number of shares that were purchased as part of a publicly announced repurchase program, if any, and the approximate dollar value of the maximum number of shares that may yet be purchased under the share repurchase program:
Period (a) (b) (c) (d)
Total number of shares
purchased Average
price paid per share Total number of shares
purchased as part
of publicly announced
plans or programs Maximum number (or approximate
dollar value) of shares that may
yet be purchased under
the plans or programs
February 1, 2024 - February 29, 2024 — $ — — 1,111,472
March 1, 2024 - March 31, 2024 — — — 1,111,472
April 1, 2024 - April 30, 2024 1,842 121.73 — 1,111,472
Total 1,842 $ 121.73 — 1,111,472
(a) Shares in this column include shares repurchased from stock plan recipients in lieu of cash payments.
(c) During the year ended April 30, 2024, we repurchased approximately 2.4 million common shares under our repurchase program, as discussed in Note 17: Common Shares in Part II, Item 8 in this Annual Report on Form 10-K.
(d) As of April 30, 2024, there were approximately 1.1 million common shares remaining available for repurchase pursuant to the Board’s authorizations.
Comparison of Cumulative Total Return: The following graph compares the cumulative total shareholder return for the five years ended April 30, 2024, for our common shares, the Standard & Poor’s (“S&P”) Packaged Foods & Meats Index, and the S&P 500 Index. These figures assume all dividends are reinvested when received and are based on $100.00 invested in our common shares and the referenced index funds on April 30, 2019.
April 30,
2019 2020 2021 2022 2023 2024
The J. M. Smucker Company $ 100.00 $ 96.65 $ 113.65 $ 122.32 $ 141.90 $ 108.97
S&P Packaged Foods & Meats 100.00 105.09 123.57 139.07 154.93 137.40
S&P 500 100.00 100.86 147.24 147.56 151.49 185.82
Copyright© 2024 Standard & Poor’s, a division of S&P Global. All rights reserved.
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Item 6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.