Oil-Dri Corp Of America - Form 8-K Summary
Business Context and Reporting Period
This Current Report (Form 8-K) was filed on June 8, 2026, by Oil-Dri Corporation of America. The filing primarily serves to announce the Company's results of operations for the third quarter ended April 30, 2026, and to disclose corporate actions taken by the Board of Directors on June 3, 2026.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing the specific financial results for the quarter ended April 30, 2026. However, the text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these details.
Material Changes and Corporate Actions
- Dividend Declaration: The Board declared quarterly cash dividends of $0.225 per share of Common Stock and $0.168 per share of Class B Stock. These are payable on August 21, 2026, to stockholders of record as of August 7, 2026.
- Share Repurchase Authorization: The Board authorized the repurchase of up to 500,000 additional shares of Common Stock. This authorization is in addition to the 172,261 shares of Common Stock and 208,197 shares of Class B Stock available for repurchase under prior authorizations as of April 30, 2026.
Guidance, Outlook, and Risks
The filing does not contain specific management commentary, forward-looking guidance, or a discussion of risks and contingencies within the text provided. Such information is incorporated by reference from the press releases attached as Exhibits 99.1 and 99.2.
Key Facts for Investor Verification
- Verify the specific revenue and earnings figures for the quarter ended April 30, 2026, in the attached press release (Exhibit 99.1).
- Confirm the total remaining share repurchase capacity, which now includes the new 500,000 Common Stock authorization plus the previously available 172,261 Common and 208,197 Class B shares.
- Note the dividend payment date of August 21, 2026, and the record date of August 7, 2026.