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MERRIAM, Kan., Oct. 30, 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- and nine-months ended September 30, 2023 and October 1, 2022, in millions of dollars except share and per share amounts.
Three Months Ended | Nine Months Ended | ||||||||||||
September 30, | October 1, | September 30, | October 1, | ||||||||||
2023 | 2022 | 2023 | 2022 | ||||||||||
Net sales | $ | 2,388 | $ | 2,895 | $ | 7,280 | $ | 8,577 | |||||
Operating income (loss) | $ | 67 | $ | 155 | $ | — | $ | 493 | |||||
Net earnings attributable to Seaboard | $ | 126 | $ | 146 | $ | 162 | $ | 357 | |||||
Earnings per common share | $ | 108.55 | $ | 125.78 | $ | 139.56 | $ | 307.55 | |||||
Average number of shares outstanding | 1,160,779 | 1,160,779 | 1,160,779 | 1,160,779 | |||||||||
Dividends declared per common share | $ | 2.25 | $ | 2.25 | $ | 6.75 | $ | 6.75 | |||||
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 November 20, 2023 to stockholders of record at the close of business on November 9, 2023.
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SOURCE Seaboard Corporation
