The Hershey Trust, a philanthropic entity, effectively controls Hershey the company. This is more important than you may think. The Hershey Trust uses the dividends it collects to fund its giving.
The Milton Hershey School and Hershey Trust Company also released a statement following Buck's retirement announcement, stating: The Hershey Company is iconic, and our investment in it for 115 ...
Hershey has raised prices by 20% over the last two years, but future price hikes may be limited. Read why I remain bearish on ...
The B shares have super-voting powers, so The Hershey Trust effectively controls Hershey the company, if it wants to. For example, The Hershey Trust has stepped in to scuttle takeover attempts ...
Fisher Asset Management LLC bought a new stake in shares of The Hershey Company (NYSE:HSY – Free Report) in the 4th quarter, ...
Hershey Trust Co., the majority shareholder of Hershey Co., has rejected an offer from Mondelez International Inc., an American snack and confectionery company, to acquire chocolate manufacturer ...
Louie, a Miami-based pet raccoon, was recently named the winner of the 2024 Cadbury Bunny Tryouts from The Hershey Company, defeating a cat named Loki in the final vote. A shortage of cocoa due to ...
We also think the sizable ownership stake of the Milton Hershey School Trust (with voting power that stands around 80%) should ensure its stable cash flows aren’t jeopardized by a larger ...
Every investor in The Hershey Company (NYSE:HSY) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 88% ownership. In ...