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The trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [ 22 ] [ 23 ] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey ...
One important but often overlooked key is the company's relationship with The Hershey Trust, which basically controls all of Hershey's super-voting class B stock. That gives the charitable trust a ...
The Hershey Trust is a philanthropic organization that controls nearly all of Hershey's class B shares. The B shares have super-voting powers, so The Hershey Trust effectively controls Hershey the ...
To quote the Hershey Trust Company: "Today, Hershey Trust Company stands alone as being the same company doing business in the same town for one hundred years. And their unique ownership structure ...
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
Pages in category "Hershey Trust Company" The following 79 pages are in this category, out of 79 total. This list may not reflect recent changes. B. Michelle Buck; C.
In fact, The Hershey Trust is just one more reason for long-term dividend investors to like Hershey stock. Should you invest $1,000 in Hershey right now? Before you buy stock in Hershey, consider ...
In 2016, Hershey rebuffed a $23 billion bid from Mondelez. All offers have to be approved by the Hershey Trust, the shareholder that owns the vast majority of the candy giant’s votes and has ...