General Mills said on January 29, 2024 that Benno O. Dorer and John G. Morikis were appointed to its Board of Directors. The Board determined that the two qualify as independent directors under New York Stock Exchange listing standards. The Board now has 13 directors.

1. 01

   General Mills said on January 29, 2024 that Benno O. Dorer and John G. Morikis were appointed to its Board of Directors. The Board determined that the two qualify as independent directors under New York Stock Exchange listing standards. The Board now has 13 directors.

2. 02

   The company said Dorer was assigned to the Audit and Corporate Governance Committees and Morikis to the Audit and Finance Committees. The two will receive restricted stock units with a grant-date fair value of approximately $180,000 at their first Board meeting, and an annual cash retainer of $100,000 paid quarterly.

3. 03

   The company said on January 29, 2024 its Board amended the By-Laws to give shareholders the right to call a special shareholder meeting. The Board also declared a quarterly dividend of $0.59 per share, payable May 1 to shareholders of record as of April 10, 2024.

4. 04

   General Mills said it agreed on January 16, 2024 to sell $500,000,000 aggregate principal amount of 4.700% Notes due 2027 under an Underwriting Agreement. The sale is expected to close on January 30, 2024, subject to customary closing conditions.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.