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Jabil said it expects total pre-tax restructuring and other related costs for the 2025 Restructuring Plan to be approximately $200 million. The amendment adds estimates for the major types of costs that were not provided in the original 8-K filing.

8-K/ACosts Associated with Exit or Disposal Activities (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Jabil said it expects total pre-tax restructuring and other related costs for the 2025 Restructuring Plan to be approximately $200 million. The amendment adds estimates for the major types of costs that were not provided in the original 8-K filing.

  2. The company estimated employee severance and benefit costs at $60 million to $70 million and asset write-off costs at $65 million to $70 million.

  3. Jabil put contract termination costs and other related costs at $55 million to $65 million. It said it expects to incur these costs over fiscal year 2025.

  4. The company said the 2025 Restructuring Plan reflects only its intention, and the exact timing of costs and cash outflows has not been finalized. It also said its estimates exclude potential income tax effects, and that it will file further amendments as details are refined.

Summary

AI-written

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

Jabil Discloses Total Cost Estimate for 2025 Restructuring Plan

Jabil said it expects total pre-tax restructuring and other related costs for the 2025 Restructuring Plan to be approximately $200 million. The amendment adds estimates for the major types of costs that were not provided in the original 8-K filing.

Source · Based on the filing body and exhibits

Estimated Ranges for Employee Severance, Benefits and Asset Write-Offs

The company estimated employee severance and benefit costs at $60 million to $70 million and asset write-off costs at $65 million to $70 million.

Source · Based on the filing body and exhibits

Contract Termination and Other Related Costs; Timing

Jabil put contract termination costs and other related costs at $55 million to $65 million. It said it expects to incur these costs over fiscal year 2025.

Source · Based on the filing body and exhibits

Nature of the Plan and Limits on the Estimates

The company said the 2025 Restructuring Plan reflects only its intention, and the exact timing of costs and cash outflows has not been finalized. It also said its estimates exclude potential income tax effects, and that it will file further amendments as details are refined.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.