Pilgrim's Pride Press Release

Pilgrim's Pride Corporation to Host Second Quarter 2017 Earnings Call on August 3rd

July 14, 2017 -- Pilgrim's Pride Corporation (NASDAQ:PPC) announced July 13, 2017 that it will host its second quarter 2017 earnings conference call and webcast on Thursday, August 3, 2017 at 7:00 a.m. MT ( 9:00 a.m. ET ).  Prepared remarks regarding the company's financial and operational results will be followed by a question and answer period with Pilgrim's executive management team.

Pilgrim's Pride Announces Closure of GNP Company Acquisition

January 06, 2017 Greeley, Colorado (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (Nasdaq:PPC) ("Pilgrim's") previously announced on November 29, 2016 its agreement to acquire GNP Company , a leading provider of premium branded chicken products in the Upper Midwest, in an all cash, $350 million transaction. The transaction, as described in the announcement, was completed on January 6, 2017.

Pilgrim's Pride Strengthens Branded Portfolio with Agreement to Purchase GNP Company

November 29, 2016 - Pilgrim's Pride Corporation (Nasdaq:PPC) ("Pilgrim's") today announced a definitive agreement to acquire GNP Company, a leading provider of premium branded chicken products in the Upper Midwest, in an all cash, $350 million transaction. The proposal has the unanimous support of the Pilgrim's Board of Directors, as well as the support of JBS S.A., the majority owner of Pilgrim's. It is anticipated that the proposed transaction would close during the first quarter of 2017, subject to regulatory review and approval and customary closing conditions.

Pilgrim's Pride Corporation Announces Declaration of Special Dividend

 

April 27, 2016 - Pilgrim's Pride Corporation (Nasdaq:PPC) announced today that as part of its continuing strategy of improving its capital structure and generating shareholder value, its Board of Directors has approved the declaration of a special cash dividend of $2.75 per share. The total amount of the special dividend payment will be approximately $700 million, based on the current number of shares outstanding. The special cash dividend is payable on May 18, 2016, to stockholders of record on May 10, 2016.

Pilgrim’s Pride Expands Existing Share Repurchase Program to $300 Million

February 10, 2016 GREELEY, Colo. (GLOBE NEWSWIRE) - Pilgrim's Pride Corporation (NASDAQ:PPC) (the "Company") today announced that its Board of Directors (the "Board") has approved an increase of the existing share repurchase authorization for its common stock over the next 12 months to $300 Million from $150 Million previously, reinforcing the Company's commitment to creating shareholder value and the strength of Pilgrim's balance sheet and operating cash flow. The new repurchase authorization will expire one year from today.

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