$200M buyback and new dividend at JBT Marel (NYSE: JBTM)
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
JBT Marel Corporation announced that its board has declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be paid on June 9, 2026, to stockholders of record as of May 26, 2026.
The board also authorized a new share repurchase program for up to $200 million of the company’s common stock, effective from June 1, 2026 through May 31, 2029. Repurchased shares will become treasury stock, and the company can modify, suspend, or discontinue the program at its discretion.
Positive
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Insights
JBT Marel adds dividend and sizable buyback authorization.
JBT Marel Corporation is combining a recurring shareholder return with a flexible capital return tool. The board declared a quarterly cash dividend of $0.10 per share and separately authorized repurchases of up to $200 million of common stock.
The buyback authorization runs from June 1, 2026 through May 31, 2029, with the pace and volume of purchases determined at the company’s discretion, subject to market conditions and securities laws. All repurchased shares will be held as treasury stock, which can support metrics like earnings per share if executed.
The combination of a cash dividend and a multi-year repurchase framework signals a structured approach to returning capital, but actual impact will depend on how much of the $200 million capacity is ultimately used and over what part of the three-year window.
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
Quarterly dividend: $0.10 per share
Dividend payment date: June 9, 2026
Dividend record date: May 26, 2026
+3 more
6 metrics
Quarterly dividend
$0.10 per share
Declared cash dividend on common stock
Dividend payment date
June 9, 2026
Payable date for $0.10 dividend
Dividend record date
May 26, 2026
Stockholders of record entitled to dividend
Share repurchase authorization
$200 million
Maximum aggregate amount of common stock repurchases
Buyback start date
June 1, 2026
Effective start of repurchase program
Buyback end date
May 31, 2029
Scheduled end of repurchase authorization
Key Terms
share repurchase program, treasury stock, quarterly cash dividend, stockholders of record, +1 more
5 terms
treasury stock financial
"All common stock repurchased by the Company will become treasury stock"
Treasury stock is shares that a company has bought back from the public and kept in its own control rather than retiring them. Think of it like a company holding its own tickets in a drawer: those shares no longer vote or receive dividends while held, but the company can reissue or retire them later; this reduces the number of shares available to outside investors and can boost per‑share earnings and influence ownership and stock price.
quarterly cash dividend financial
"declared a quarterly cash dividend of $0.10 per share of outstanding common stock"
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.
emerging growth company regulatory
"Emerging growth company | 01 Other Events"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
| 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): 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.
On May 14, 2026 , the Board of Directors of JBT Marel Corporation (the “Company”) authorized a share repurchase program for up to $200 million of the Company’s common stock, effective from June 1, 2026, through May 31, 2029. The manner, timing, price and volume of repurchases will be determined by the Company at its discretion, subject to market conditions, relevant securities laws and other factors. All common stock repurchased by the Company will become treasury stock. The share repurchase program may be modified, suspended or discontinued at any time. A copy of the press release announcing the authorization 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: | 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
JBT Marel Corporation Declares Quarterly Dividend and Announces Share Repurchase Program
CHICAGO, May 14, 2026 – 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 June 1, 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?
JBT Marel Corporation declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be paid on June 9, 2026, to stockholders of record at the close of business on May 26, 2026.
When will JBTM’s new dividend be paid and who qualifies?
The JBT Marel dividend will be paid on June 9, 2026. Shareholders who are stockholders of record at the close of business on May 26, 2026, will be entitled to receive the $0.10 per share cash dividend.
What is the timeframe for JBTM’s $200 million buyback authorization?
The JBT Marel share repurchase program is effective from June 1, 2026, through May 31, 2029. During this period, the company may repurchase shares at its discretion, subject to market conditions and relevant securities laws.
On which exchanges is JBT Marel Corporation (JBTM) listed?
JBT Marel Corporation shares trade under the symbol JBTM on both the New York Stock Exchange and Nasdaq Iceland. The company describes itself as a leading global technology solutions provider to high-value segments of the food and beverage industry.