J.M. Smucker Co. shares slipped in the extended session Monday after the company said a large inside stakeholder was selling shares in a secondary offering. Smuckers shares declined 1.7% to $115.01. The company said Blue Holdings I LP will sell about 8.3 million shares, and that Smuckers will not receive proceeds. The stake represents some of the shares Blue Holdings got in Smucker’s acquisition of Big Heart Pet Brands earlier in the year.
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