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Subsequent Event
9 Months Ended
Sep. 30, 2023
Subsequent Event.  
Subsequent Event

Note 8 – Subsequent Event

Subsequent to period end, on October 10, 2023, in a privately negotiated transaction, Seaboard repurchased an aggregate of 189,724 shares of its common stock from certain of its affiliates at a price below the traded market price for an aggregate purchase price of $600 million. The repurchased shares were retired and, as a result of this transaction, retained earnings will decrease $600 million. Transaction fees and the related U.S. excise taxes were immaterial.