John B. Sanfilippo & Son, Inc. Announces Share Repurchase Program and Special Dividend
Key Highlights
- ➤JBSS authorizes $20 million share repurchase program for Common Stock
- ➤JBSS declares $2.00-per-share special dividend for Common Stock and Class A shares
- ➤Special dividend returns approximately $24.0 million to stockholders
- ➤Special dividend pays December 18, 2026, to December 4 record-date holders
Expert Statements
Jasper Sanfilippo, Jr., Chief Executive Officer of John B. Sanfilippo & Son, Inc.
“Our strong balance sheet and consistent cash generation provide us with the flexibility to both invest in the future of the business and return capital to stockholders.”
Jasper Sanfilippo, Jr., Chief Executive Officer of John B. Sanfilippo & Son, Inc.
“We remain confident in our long-term growth strategy and the opportunities we see across our portfolio.”
Jasper Sanfilippo, Jr., Chief Executive Officer of John B. Sanfilippo & Son, Inc.
“The Repurchase Program and Special Dividend reflect our commitment to balanced and disciplined capital allocation, while reinforcing our goal of creating long-term stockholder value through the responsible use of cash.”
Jasper Sanfilippo, Jr., Chief Executive Officer of John B. Sanfilippo & Son, Inc.
“We believe our stock represents an attractive long-term investment, and we believe the Repurchase Program provides an effective means of returning capital to our stockholders while preserving our ability to pursue growth opportunities.”
Frank Pellegrino, President and Chief Financial Officer of John B. Sanfilippo & Son, Inc.
“today’s announcement demonstrates the strength of our financial position and our commitment to disciplined capital allocation.”
Frank Pellegrino, President and Chief Financial Officer of John B. Sanfilippo & Son, Inc.
“We are pleased to return significant capital to our stockholders while preserving the flexibility to invest in the business and pursue future growth opportunities.”
Frank Pellegrino, President and Chief Financial Officer of John B. Sanfilippo & Son, Inc.
“Our capital allocation priorities remain unchanged: investing in the business to support long-term growth, maintaining a strong balance sheet, pursuing strategic opportunities, and returning capital to stockholders.”
Frank Pellegrino, President and Chief Financial Officer of John B. Sanfilippo & Son, Inc.
“This balanced approach enables us to create value for stockholders today while positioning the Company for continued long-term success.”
John B. Sanfilippo & Son, Inc. Announces Share Repurchase Program and Special Dividend
Elgin, IL, November 12, 2026 -- John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced that its Board of Directors (the “Board”) has authorized a share repurchase program of up to $20 million of the Company’s Common Stock (the “Repurchase Program”) and has declared a special cash dividend (the “Special Dividend”) of $2.00 per share on all issued and outstanding shares of Common Stock and Class A Common Stock.
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