JBS SA, the world’s largest meat processing company, is entering a transformative period in its global expansion. According to recent filings with US regulatory authorities, the company is on the brink of securing all necessary approvals for listing on the New York Stock Exchange (NYSE). Analysts view this long-anticipated move as a strategic leap forward, positioning JBS SA to strengthen its foothold across international financial markets.
Brazil-based company JBS, the world’s largest meat producer, reported a notable surge in its net profit for the last quarter of 2024. Despite challenges in its U.S. beef division due to high cattle prices, the company exceeded market forecasts, demonstrating robust performance and effective risk management.
On Friday, April 3rd, Pilgrim’s Pride, a leading chicken meat producer located in Greeley, Colorado, revealed a staggering special dividend distribution totaling $1.5 billion. This notable move has captured the interest of the financial community, showcasing the company’s solid financial stability and dedication to enhancing shareholder value over the long term. Shareholders registered as of April 3rd will receive a generous dividend of $6.30 per share, with payments set to be disbursed on April 17th.