Hershey's Main Owner Rejects Mondelez's Offer as Too Low [Yahoo! Finance Canada]
The Hershey Company (HSY)
Last the hershey company earnings: 4/23 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
thehersheycompany.com/en_us/investors.html
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg Hershey Trust Co., which has roughly 80% of the voting power at the company, turned down the bid as too low, said the people, who declined to be identified because discussions are private. Securing the trust's backing is vital for any deal for Hershey Co. as it owns almost all of the company's Class B stock. Bloomberg News reported earlier this week that Mondelez made a preliminary approach for Hershey Co., citing people familiar with the matter. It's not the first time Mondelez has sought a deal. In 2016, it walked away from discussions about a potential takeover after seeing a $23 billion bid rejected by the chocolate maker. Mondelez on Wednesday approved a stock repurchase authorization of as much as $9 billion and said it's committed to its capital allocation priorities, including reinvesting in brands and “an acquisition strategy that is focused on bolt-on assets,” a term used to describe relatively small deals. Hershey Co. would be a sizable acqui
Show less
Read more
Impact Snapshot
Event Time:
HSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSY alerts
High impacting The Hershey Company news events
Weekly update
A roundup of the hottest topics
HSY
News
- Here's Why Hershey (HSY) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Cocoa Soars to Fresh Record in Blow to World's Chocolate Supply [Yahoo! Finance Canada]Yahoo! Finance Canada
- Cocoa Soars to Fresh Record in Blow to World's Chocolate Supply [Yahoo! Finance]Yahoo! Finance
- Why Was Hershey Stock on a Roller Coaster Ride Last Week? [Yahoo! Finance]Yahoo! Finance
- No, Robert F. Kennedy Jr. hasn't announced a Hershey's chocolate ban | Fact check [USA TODAY]USA TODAY
HSY
Earnings
- 11/7/24 - Miss
HSY
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/11/24 - Form 4
- HSY's page on the SEC website