UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 22, 2010
The J. M. Smucker Company
(Exact Name of Registrant as Specified in Its Charter)
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| Ohio
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001-05111
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34-0538550 |
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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| One Strawberry Lane |
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| Orrville, Ohio
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44667-0280 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
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| Registrant’s telephone number, including area code: |
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(330) 682-3000 |
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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On November 22, 2010, The J. M. Smucker Company (the “Company”) entered into a share repurchase
plan (the “Plan”) established in accordance with Rule 10b5-1 of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), in connection with the 10 million common shares authorized
for repurchase by the Company’s Board of Directors since August 2004. A Rule 10b5-1 plan allows a
company to repurchase its shares at times when it otherwise might be unable to do so under the
Exchange Act’s insider trading rules or during self-imposed trading blackout periods.
The Plan will facilitate purchases of the Company’s common shares under its authorized share
repurchase program. Under the repurchase program, the Company has repurchased a total of 6,255,778
common shares since November 2004 and, therefore, the Company has remaining authorization to
repurchase 3,744,222 common shares as of November 22, 2010. The Company’s designated broker will
have authority under the Plan to repurchase the Company’s common shares commencing on November 22,
2010 and expiring on April 30, 2011, unless terminated earlier in accordance with the terms of the
Plan. Repurchases under the Plan will be subject to specified parameters and certain price and
volume restraints as established in the Plan. Therefore, there is no guarantee as to the exact
number of common shares that will be repurchased or that there will be any repurchases at all
pursuant to the Plan. Any repurchased shares will be held in treasury.