JASPER, Ind. (April 28, 2026) Jasper Holdings, Inc. (JHI), the nation’s 23rd largest Employee Stock Ownership Plan (ESOP), announced a new all-time record share value for 2025, reflecting strong company performance and market conditions.

Chairman and CEO Doug Bawel said the ESOP share price increased to $1,515.93 per share, up $220.78 from the prior year.

“Our ESOP has been a game changer for our Associate-Owners, their families, and the communities where they live,” Bawel said. “Our ESOP is truly about wealth-building for our Associate-Owners.”

JHI Associate-Owners receive an annual ESOP contribution of approximately 15% of eligible compensation in the form of new shares. Bawel noted the company’s ESOP has grown significantly since its inception in 2009, with a market value of nearly $2.2 billion.

According to the company, JHI currently has 3,436 active Associate-Owner shareholders and has distributed more than $890 million in stock value since the ESOP began. The company said it has paid $147.6 million to participants who have retired, left the company, or elected the plan’s stock diversification option.

JHI reported that 55% of Associate-Owners hold more than $50,000 in ESOP stock, 40% hold more than $100,000, and 26% hold more than $200,000.

“Our success is a reflection of our Associate-Owners across our eight companies throughout the U.S. and their commitment to making our Jasper Holdings companies world-class performers,” Bawel said. “They’ve developed an ownership mentality, focusing on what’s within our control, with a never-ending commitment to safety, quality, productivity, customer service, and reducing waste.”

About Jasper Holdings, Inc.
Jasper Holdings, Inc. (JHI) is an employee-owned organization with operations across the United States. Through its Employee Stock Ownership Plan (ESOP), JHI provides eligible Associate-Owners with an ownership stake designed to support long-term wealth building while advancing a culture of continuous improvement.