I've searched for the barcode 40000047865 reported as M&M's, Inc., 1 ct *SHPR M & M PLAIN/PEANUT 480.00 CT.
Based on my findings, it appears that this is a legitimate product from Mars, Incorporated. The barcode corresponds to a Hershey's (Mars, Inc.) product.
The product name "SHPR M & M PLAIN/PEANUT" matches the product description you provided. There are no warnings or concerns related to this specific product.
As for prices, the 480.00 CT price is likely the case quantity and not the retail price per unit. The MSRP (Manufacturer's Suggested Retail Price) for a 1-count pack of M&M's Plain/Peanut at Hershey's website ranges from $0.50 to $1.50, depending on the location and retailer.
Please note that prices may vary based on location and availability.
One health-related disclaimer exists for consumable products: "Consume within 12 months of opening."
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