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REPORT OF EARNINGS AND DIVIDEND DECLARATION

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MERRIAM, Kan., Feb. 14, 2023 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the quarters and years ended December 31, 2022 and December 31, 2021, in millions of dollars except share and per share amounts.

















































Three Months Ended


Years Ended





December 31,


December 31,


December 31,


December 31,





2022


2021


2022


2021


Net sales


$


2,666


$

2,464


$

11,243


$

9,229


Operating income


$


164


$

89


$

657


$

458


Net earnings attributable to Seaboard


$


223


$

121


$

580


$

570

















Earnings per common share


$


192.11


$

103.27


$

499.66


$

490.36


Average number of shares outstanding




1,160,779



1,160,779



1,160,779



1,160,779


Dividends declared per common share


$


2.25


$

2.25


$

9.00


$

9.00


















Seaboard Corporation today filed its Annual Report on Form 10-K with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Annual Report on Form 10-K on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on March 6, 2023 to stockholders of record at the close of business on February 24, 2023.

Cision View original content:https://www.prnewswire.com/news-releases/report-of-earnings-and-dividend-declaration-301746986.html

SOURCE Seaboard Corporation

Seaboard Corp.

NYSE:SEB

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About SEB

seaboard corporation is a unique company with a rich history dating back more than 90 years. although the company has evolved over time through acquisitions, partnerships and internal growth, its roots are in grain and agriculturally derived products. common to all our endeavors, we strive to distinguish ourselves in the industries we select. seaboard corporation is a diverse global agribusiness and transportation company. in the united states, seaboard is primarily engaged in pork production and processing and ocean transportation. overseas, seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation. seaboard also has an interest in turkey operations in the united states. seaboard corporation directly or indirectly employs more than 25,000 people worldwide. we are #417 on the 2015 fortune 500 list with net sales of approximately $6.5 billion annually. seaboard is traded on the nyse alternext exchange under the symbo