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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 6, 2024

Lancaster Colony Corporation
(Exact name of registrant as specified in its charter)
Ohio000-0406513-1955943
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification No.)
380 Polaris ParkwaySuite 400
WestervilleOhio43082
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code:
(614)
224-7141
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, without par valueLANCNASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨




Item 5.07    Submission of Matters to a Vote of Security Holders
The Corporation’s annual meeting of shareholders (the “Annual Meeting”) was held in a virtual-only format via live webcast on November 6, 2024 pursuant to the Notice of Annual Meeting of Shareholders and Proxy Statement that was available on or about October 8, 2024 to all shareholders of record at the close of business on September 9, 2024. At the Annual Meeting, 26,057,693 shares of the Corporation’s common stock were represented in person (online) or by proxy, which constituted a quorum.
At the Annual Meeting, shareholders voted on three proposals. The proposals are described in detail in the Corporation’s definitive proxy materials which were filed with the Securities and Exchange Commission and first made available to shareholders on or about October 8, 2024.
Proposal One - Nomination and Election of Directors
The Corporation’s shareholders elected the following individuals to serve for three-year terms expiring at the 2027 Annual Meeting of Shareholders with the following vote totals:
Number of Votes
Director NameForWithheldAbstentionsBroker Non-Votes
Zena Srivatsa Arnold24,783,993 185,580 — 1,088,120 
Michael H. Keown22,429,170 2,540,403 — 1,088,120 
George F. Knight III24,783,641 185,932 — 1,088,120 
Proposal Two - Non-Binding Vote on the Compensation of the Corporation’s Named Executive Officers
The Corporation’s shareholders approved the compensation of the Corporation’s named executive officers with the following vote totals:
Number of Votes
ForAgainstAbstentionsBroker Non-Votes
24,736,920 175,381 57,272 1,088,120 
Proposal Three - Ratification of the Selection of the Corporation’s Independent Registered Public Accounting Firm
The Corporation’s shareholders ratified the selection of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for the year ending June 30, 2025 with the following vote totals:
Number of Votes
ForAgainstAbstentionsBroker Non-Votes
25,811,924 224,350 21,419 — 
Item 8.01    Other Events
On November 6, 2024, the Corporation’s Board of Directors voted to raise the regular quarterly cash dividend to 95 cents per common share to be paid on December 31, 2024 to shareholders of record on December 5, 2024.
Item 9.01    Financial Statements and Exhibits
(d)Exhibits:
99.1
Press Release dated November 6, 2024
104Cover Page Interactive Data File (embedded within the Inline XBRL document)



INDEX TO EXHIBITS
    
Exhibit Number
Description
Located at
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
Filed herewith



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LANCASTER COLONY CORPORATION
(Registrant)
Date:November 7, 2024By: /s/ THOMAS K. PIGOTT
Thomas K. Pigott
Vice President, Chief Financial Officer
and Assistant Secretary
(Principal Financial and Accounting Officer)
    
fy25pressreleaseheaderupda.jpg
Exhibit 99.1
FOR IMMEDIATE RELEASESYMBOL: LANC
November 6, 2024TRADED: Nasdaq

LANCASTER COLONY INCREASES REGULAR CASH DIVIDEND;
REELECTS THREE INCUMBENT DIRECTORS
WESTERVILLE, Ohio, November 6 - Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, marking 62 consecutive years of increasing regular cash dividends. The company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. The dividend will be payable December 31, 2024 to shareholders of record on December 5, 2024. As of the record date for today’s annual shareholder meeting, there were 27,566,647 common shares outstanding.
Voting at the annual meeting, shareholders reelected three incumbent directors. They are Zena Srivatsa Arnold, Chief Marketing Officer of Sephora; Michael H. Keown, adviser to several high-growth companies in the natural food industry; and George F. Knight III, retired Executive Vice President and Chief Financial Officer of Hexion, Inc.
CEO David A. Ciesinski said, “The increased regular cash dividend reflects the company’s continued strong financial position and will be the 246th consecutive quarterly cash dividend paid by the company since September 1963.” He noted that the indicated annual payout for the current fiscal year ending June 30, 2025 is $3.75 per share, up from the $3.55 per share paid in fiscal 2024.
Forward-Looking Statements
We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). This news release contains various “forward-looking statements” within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words “anticipate,” “estimate,” “project,” “believe,” “intend,” “plan,” “expect,” “hope,” “indicated” or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements.
Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include:
•changes in our cash flow or use of cash in various business activities; and
•risks related to other factors described under “Risk Factors” in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at www.sec.gov).
MORE. . .
PAGE 2 / LANCASTER COLONY INCREASES REGULAR CASH DIVIDEND; REELECTS DIRECTORS
Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on statements that are based on current expectations.

# # # #

FOR FURTHER INFORMATION:Dale N. Ganobsik
Vice President, Corporate Finance and Investor Relations
Lancaster Colony Corporation
Phone: 614/224-7141
Email: ir@lancastercolony.com

v3.24.3
Document and Entity Information
Nov. 06, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Nov. 06, 2024
Entity Registrant Name Lancaster Colony Corporation
Entity Incorporation, State or Country Code OH
Entity File Number 000-04065
Entity Tax Identification Number 13-1955943
Entity Address, Address Line One 380 Polaris Parkway
Entity Address, Address Line Two Suite 400
Entity Address, City or Town Westerville
Entity Address, State or Province OH
Entity Address, Postal Zip Code 43082
City Area Code (614)
Local Phone Number 224-7141
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, without par value
Trading Symbol LANC
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0000057515
Amendment Flag false
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