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Pilgrims Pride Corp (PPC.OQ)

PPC.OQ on NASDAQ Stock Exchange Global Select Market

19.16USD
18 Jan 2019
Change (% chg)

$1.29 (+7.22%)
Prev Close
$17.87
Open
$18.16
Day's High
$19.28
Day's Low
$18.14
Volume
674,709
Avg. Vol
346,612
52-wk High
$31.25
52-wk Low
$14.83

Latest Key Developments (Source: Significant Developments)

Pilgrims Pride Says On Dec. 14 Certain Of Mexican Subsidiaries Of Co Entered Unsecured Credit Agreement - SEC Filing
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Pilgrims Pride Corp ::PILGRIMS PRIDE SAYS ON DEC. 14 CERTAIN OF MEXICAN SUBSIDIARIES OF CO ENTERED UNSECURED CREDIT AGREEMENT - SEC FILING.PILGRIMS PRIDE CORP - LOAN COMMITMENT UNDER 2018 MEXICO CREDIT FACILITY IS $1.5 BILLION MEXICAN PESOS.PILGRIMS PRIDE CORP - 2018 MEXICO CREDIT FACILITY IS FOR A TERM OF FIVE YEARS.PILGRIMS PRIDE- 2018 MEXICO CREDIT FACILITY WILL REPLACE EXISTING UNSECURED CREDIT AGREEMENT BETWEEN CERTAIN OF MEXICAN UNIT AND BBVA BANCOMER, OTHERS.  Full Article

Pilgrim’S Pride Announces Initiation Of A New $200 Million Share Repurchase Program
Wednesday, 31 Oct 2018 

Pilgrims Pride Corp ::PILGRIM’S PRIDE ANNOUNCES INITIATION OF A NEW $200 MILLION SHARE REPURCHASE PROGRAM.PILGRIMS PRIDE CORP - BOARD APPROVED A NEW $200 MILLION SHARE REPURCHASE AUTHORIZATION FOR ITS COMMON STOCK OVER NEXT 12 MONTHS.  Full Article

Pilgrim’s Pride Announces Five-Year $1.25 Bln Amended And Restated Credit Agreement
Monday, 23 Jul 2018 

July 23 (Reuters) - Pilgrims Pride Corp ::PILGRIM’S PRIDE ANNOUNCES A FIVE-YEAR $1.25 BILLION AMENDED AND RESTATED CREDIT AGREEMENT.PILGRIMS PRIDE CORP - TERMS OF NEW CREDIT AGREEMENT CONSIST OF A $750.0 MILLION REVOLVING CREDIT FACILITY AND A TERM LOAN COMMITMENT OF $500.0 MILLION.PILGRIMS PRIDE CORP - EXPANSION FEATURE IN NEW CREDIT AGREEMENT PROVIDES CO OPPORTUNITY TO INCREASE WHOLE FACILITY FOR AN ADDITIONAL $1.25 BILLION.PILGRIMS PRIDE CORP - MATURITY DATE OF NEW CREDIT AGREEMENT WILL BE JULY 20, 2023.  Full Article

Oblate International Pastoral Investment Trust Urges Pilgrims Pride's Shareholders To Vote For Proposal "Adopt And Implement A Water Stewardship Policy"
Monday, 30 Apr 2018 

April 30 (Reuters) - Pilgrims Pride Corp ::OBLATE INTERNATIONAL PASTORAL INVESTMENT TRUST - URGES PILGRIMS PRIDE'S SHAREHOLDERS TO VOTE FOR PROPOSAL "ADOPT AND IMPLEMENT A WATER STEWARDSHIP POLICY" - SEC FILING.  Full Article

Pilgrim's Pride reports Q3 adj EPS $0.98
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride reports operating income of $372 million and GAAP EPS of $0.93 for the third quarter of 2017.Q3 sales $2.79 billion versus I/B/E/S view $2.3 billion.Q3 adjusted earnings per share $0.98.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.  Full Article

Pilgrims Pride Corp to close processing facility in Luverne
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - Pilgrims Pride Corp :Pilgrim’s to close processing facility in Luverne; improved efficiencies and synergy enhancement cited.Pilgrims Pride Corp - ‍decision to close facility will allow Pilgrim's to shift production and equipment to more efficient operations​.Pilgrims Pride Corp - ‍will close its Luverne, minn., poultry processing facility, which employs approximately 200 people, effective December 29, 2017​.Pilgrims Pride Corp - ‍facility closure will have no impact on company's overall production capacity​.  Full Article

Pilgrim's Pride prices senior unsecured notes offering
Tuesday, 26 Sep 2017 

Sept 26 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride prices $850.0 million senior unsecured notes offering.These notes consist of $250.0 million aggregate principal amount of additional 5.750% senior unsecured notes due 2025.Notes also consist of $600.0 million aggregate principal amount of 5.875% senior unsecured notes due 2027.  Full Article

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U.S. Justice officials quiz shareholders of Brazil's JBS

BRASÍLIA U.S. Department of Justice investigators visited Brazil this week to question shareholders of J&F Investimentos, the holding company that controls meatpacker JBS SA , Brazilian prosecutors said on Friday in a statement.