In the merger, each share of Multifoods common stock was converted into the right to receive $5 in cash, without interest, and 0.4103 shares of Smucker common shares, which is $20 in value based on the average closing price of Smucker common shares for the 20 consecutive trading days ending June 17, 2004.
Shareholder Exchange and Tax Information
In June 2002, The J. M. Smucker Co. added Jif® and Crisco® to its family of brands in a transaction with Procter & Gamble.
The cost basis information relating to the transaction between the company and Procter & Gamble can be found by using this Record Keeping Form provided by P&G.
If you have any questions relating to the cost basis allocation, please contact Procter & Gamble at 800-742-6253.
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