RTTNews | Oct 22, 2021 05:31PM EDT

17:30 Friday, October 22, 2021 (RTTNews.com) - The J.M. Smucker Co. (SJM) Friday announced that its Board has authorized share repurchase of 5 million shares.

The company now has a total of about 7.8 million common shares available for repurchase under authorizations by its Board of Directors.

The company also approved a $0.99 per share dividend. The dividend will be paid on Wednesday, December 1, 2021, to shareholders of record at the close of business on Friday, November 12, 2021.

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