v3.26.1
Stockholders' Equity and Accumulated Other Comprehensive Loss
3 Months Ended
Apr. 04, 2026
Stockholders' Equity and Accumulated Other Comprehensive Loss  
Stockholders' Equity and Accumulated Other Comprehensive Loss

Note 6 – Stockholders’ Equity and Accumulated Other Comprehensive Loss

During 2025, Seaboard’s Board of Directors approved a share repurchase program authorizing the repurchase of up to $100 million of its outstanding shares of common stock (“Shares”) through December 31, 2027, unless extended or earlier terminated. Under the share repurchase program, Seaboard is authorized to repurchase Shares from time-to-time in the open-market, through block trades, in privately negotiated purchases, pursuant to a trading plan, or by other means, in accordance with federal securities laws and other applicable laws. Shares repurchased are retired and became authorized and unissued shares. Seaboard did not repurchase any shares during the first quarter of 2026. As of April 4, 2026, $62 million remained available for repurchase under this program.

The components of accumulated other comprehensive loss (“AOCL”), net of related taxes, were as follows:

  ​ ​ ​

Cumulative

  ​ ​ ​

  ​ ​ ​

Foreign

Cumulative

Currency

Unrecognized

Translation

Pension

(Millions of dollars)

Adjustment

Benefit

Total

Balance, December 31, 2024

$

(400)

$

24

$

(376)

Other comprehensive income (loss), net of tax

 

(15)

 

1

 

(14)

Balance, March 29, 2025

$

(415)

$

25

$

(390)

Balance, December 31, 2025

$

(372)

$

31

$

(341)

Other comprehensive income, net of tax

 

7

 

 

7

Balance, April 4, 2026

$

(365)

$

31

$

(334)