JBT Marel (NYSE: JBTM) sets $0.10 dividend and $200M buyback plan
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
JBT Marel Corporation filed an amended report to correct the start date of its previously announced share repurchase program. The program, authorized for up to $200 million of common stock, will now run from May 18, 2026 through May 31, 2029.
The company also declared a quarterly cash dividend of $0.10 per share of common stock, payable on June 9, 2026 to stockholders of record as of May 26, 2026. A press release detailing the corrected effective date and these capital return actions is included as an exhibit.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Share repurchase authorization: $200 million
Dividend per share: $0.10 per share
Dividend payment date: June 9, 2026
+3 more
6 metrics
Share repurchase authorization
$200 million
Maximum common stock repurchases authorized by Board
Dividend per share
$0.10 per share
Quarterly cash dividend on common stock
Dividend payment date
June 9, 2026
Scheduled payment date for quarterly dividend
Dividend record date
May 26, 2026
Stockholders of record date for dividend eligibility
Repurchase start date
May 18, 2026
Corrected effective date of share repurchase program
Repurchase end date
May 31, 2029
Program end date for authorized share repurchases
Key Terms
share repurchase program, quarterly cash dividend, stockholders of record, Inline XBRL, +1 more
5 terms
quarterly cash dividend financial
"its Board of Directors declared a quarterly cash dividend of $0.10 per share"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
stockholders of record financial
"payable on June 9, 2026, to stockholders of record at the close of business on May 26, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
Inline XBRL technical
"Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
Other Events regulatory
"Item 8.01 Other Events. JBT Marel Corporation (the “Company”) previously disclosed"
| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM 8-K/A
(Amendment No. 1)
| CURRENT REPORT | ||
| PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | ||
Date of Report (Date of earliest event reported): May 14, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
333 West Wacker Drive, Suite 3400
(Address of principal executive offices, including Zip Code)
(312 ) 861-5900
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Forms 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | ||||||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
| Securities registered pursuant to section 12(b) of the Act: | ||||||||||||||
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||||||||
| Emerging growth company | ||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act | ☐ | |||||||
Item 8.01 Other Events.
JBT Marel Corporation (the “Company”) previously disclosed on a Form 8-K filed on May 14, 2026, that the Board of Directors of the Company authorized a share repurchase program for up to $200 million of the Company’s common stock. This Form 8-K/A amends the original Form 8-K filed on May 14, 2026, to change the effective date of the share repurchase program from June 1, 2026, to May 18, 2026. Except as provided herein, the disclosures in the Form 8-K filed on May 14, 2026, remain unchanged. A copy of the press release announcing the correction of the effective date of the share repurchase program is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | Press release issued May 14, 2026. | |||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| JBT Marel Corporation | ||||||||||||||
Date: May 15, 2026 | By: | /s/ Matthew J. Meister | ||||||||||||
| Name | Matthew J. Meister | |||||||||||||
| Title | Executive Vice President and Chief Financial Officer | |||||||||||||
JBT Marel Corporation
333 West Wacker Drive
Suite 3400
Chicago, IL 60606
CORRECTING and REPLACING JBT Marel Corporation Declares Quarterly Dividend and Announces Share Repurchase Program
CHICAGO, May 14, 2026 – The correction relates to the effective date of the share repurchase plan, which was changed from June 1, 2026, to May 18, 2026.
The updated release reads:
JBT MAREL CORPORATION DECLARES QUARTERLY DIVIDEND AND ANNOUNCES SHARE REPURCHASE PROGRAM
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on June 9, 2026, to stockholders of record at the close of business on May 26, 2026.
The Board of Directors also authorized a new share repurchase plan of up to $200 million of the Company’s common stock, effective May 18, 2026, through May 31, 2029. The manner, timing, price, and volume of the repurchases will be determined by the Company at its discretion, subject to market conditions, relevant securities laws, and other factors.
JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel’s unique solutions of integrated equipment, service, software, and application expertise enables customers to optimize food yield and efficiency, improve food safety and quality, and enhance uptime and proactive maintenance, all while reducing waste and resource use across the global food supply chain. JBT Marel operates more than 50 manufacturing and distribution facilities globally. For more information, please visit www.jbtmarel.com.
Investors & Media:
Marlee Spangler
JBTMarel.IR@jbtc.com
+1 (312) 861-5784
FAQ
What dividend did JBT Marel Corporation (JBTM) declare in this filing?
JBT Marel declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend is scheduled to be paid on June 9, 2026 to stockholders of record at the close of business on May 26, 2026.
When will JBT Marel Corporation (JBTM) pay its declared dividend?
The company plans to pay the quarterly cash dividend on June 9, 2026. Shareholders must be stockholders of record as of the close of business on May 26, 2026 to be eligible to receive the $0.10 per share dividend.
Where can investors find more details on JBT Marel Corporation’s JBTM capital return actions?
Additional details are available in the press release attached as Exhibit 99.1. That release explains the corrected effective date of the repurchase program, the $200 million authorization, and the $0.10 quarterly dividend, providing further context for investors and analysts.