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/C O R R E C T I O N -- Seaboard Corporation/

Published: 2023-05-03 20:16:00 ET

In the news release, SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION, issued 03-May-2023 by Seaboard Corporation over PR Newswire, the column "Three Months Ended April 2, 2023", should read "April 2, 2022" rather than "2023" as incorrectly transmitted by PR Newswire. The complete, corrected release follows:

SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

MERRIAM, Kan., May 3, 2023 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three months ended April 1, 2023 and April 2, 2022, in millions of dollars except share and per share amounts.


	Three Months Ended
	April 1,		April 2,
	2023		2022
Net sales	$	2,499	$	2,709
Operating income (loss)	$	(63)	$	146
Net earnings (loss) attributable to Seaboard	$	(16)	$	103

Earnings per common share	$	(13.78)	$	89.28
Average number of shares outstanding		1,160,779		1,160,779
Dividends declared per common share	$	2.25	$	2.25

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on May 25, 2023 to stockholders of record at the close of business on May 15, 2023.

View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-301815198.html

SOURCE Seaboard Corporation

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.