The Hershey Company and the Hershey Trust Company, which is the trustee for the Milton Hershey School Trust, have announced that the School Trust intends to participate on a proportional basis in Hershey’s continuing Common Stock repurchase programme.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The announcement, made through a filing with the Securities and Exchange Commission (SEC), represents the renewal of an existing agreement. The new agreement will take effect on 30 January and run through to 31 July 2006.


Last April, the Hershey board approved the repurchase of US$250m of its Common Stock, of which US$187.1m was utilised by the end of 2005, leaving US$62.9m still authorised. An additional US$500m authorisation was approved by the board in December 2005. Both repurchase programmes are expected to be completed by the end of 2006.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now