{
  "id": 9375991,
  "title": "Hershey Trust Sells 20,000 Shares for $3.4 Million",
  "url": "https://urgent.news/2026/09/23/hershey-trust-sells-20-000-shares-for-3-4-million-9375991",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T16:00:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/23/hershey-trust-sells-20-000-shares-for-usd3-4-million/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "The Hershey Trust, a trustee for Milton Hershey School, recently sold 20,000 shares of common stock in The Hershey Company. The shares were sold at an average price of $169.08 per share, according to a recent SEC Form 4 filing. The total transaction value amounted to $3.4 million. Post-transaction, the value of the shares increased slightly to $169.79 per share as of the market close on September 18, 2026. The Hershey Company is a leading global manufacturer of confectionery and snacking products, boasting a market capitalization of $33.7 billion and trailing twelve months revenues of $12.2 billion. The company operates across multiple consumer segments and geographic markets, backed by strong brand recognition and a robust distribution infrastructure. With a workforce of 18,573 employees worldwide, Hershey utilizes its operational scale and brand equity to maintain a competitive edge in the consumer defensive sector.",
  "summary": "Milton Hershey School Trust maintains substantial voting power through 54.6 million convertible Class B shares despite the modest equity reduction.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Hershey Trust Sells 20,000 Shares for $3.4 Million",
        "url": "https://urgent.news/2026/09/23/hershey-trust-sells-20-000-shares-for-3-4-million",
        "published": "2026-09-23T16:20:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}