Item 1.01. Entry into a Material Definitive Agreement.
EffectiveFebruary 14, 2022 ,The Hershey Company (the "Company") entered into a Stock Purchase Agreement withHershey Trust Company , as trustee for theMilton Hershey School Trust (the "Trust"), pursuant to which the Company agreed to purchase 1,000,000 shares of the Company's Common Stock from the Trust at a price equal to$203.35 per share, for a total purchase price of$203,350,000 . The transaction closed onFebruary 16, 2022 . The foregoing description of the Stock Purchase Agreement is qualified in its entirety by reference to the full text of the Stock Purchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10 .1 Stock Purchase Ag reement, dat ed February 14, 2022, between Mil ton Hershey School T rust, by its trustee,
Hershey T r ust Company, and The Hershey
Company 104 Cover Page
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