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Form 8-K · Current Report · Filed 2024-05-08

Hershey Co. Annual Meeting Results: Directors Elected, Auditors Ratified, and Proposals Voted

On May 6, 2024, The Hershey Company held its 2024 Annual Meeting of Stockholders.

Filer
Hershey Co. HSY · NYSE
Filed
Accession
0000047111-24-000030
CIK
0000047111
Signal
Medium impactConsumer Defensive

Details

Shareholders elected all nominated directors, ratified the appointment of Ernst & Young LLP as independent auditors, approved the compensation of named executive officers, and voted against two stockholder proposals related to living wage and packaging reuse & recycling. The meeting also involved the furnishing of financial statements and exhibits as required.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Say-on-Pay Approved
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$198.16

Next session

+1.0%

Since filing

-11.7%

Latest close

$175.05

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HSY reporting the same item, with the next session's move:

About Hershey Co.

Hershey Co. is a leading confectionery manufacturer primarily known for its production of chocolate and sweets. Founded in 1894 and headquartered in Hershey, Pennsylvania, the company is an iconic name in the food and beverage industry. Its primary function is to create and distribute renowned chocolate products and other confectioneries, such as Hershey's Chocolate Bars, Reese's Peanut Butter Cups, and Kit Kat Bars. Hershey Co. also diversifies its offerings with non-chocolate items, snacks, and bakery products. The company’s operations significantly impact the food production and retail industries, supplying products to a vast array of outlets including supermarkets, convenience stores, and international markets. Hershey Co. plays a crucial role in the global confectionery landscape, leveraging strong brand recognition and consumer loyalty. In the financial market, Hershey Co. is valued for its stable revenue streams and consistent market presence. It has a legacy of innovation in product development and marketing strategies, contributing to its enduring appeal and robust performance. The company's financial strength and market adaptability make it a key player in the consumer goods sector.

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