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Stock impact report

Bunge Announces Expansion of Existing Share Repurchase Program

Bunge Limited Common Shares (BG) 
Last bunge limited common shares earnings: 2/12 06:00 am Check Earnings Report
US:NYSE Investor Relations: bunge.com/investors
Company Research Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) (“Bunge”) today announced that on November 13, 2024, its Board of Directors authorized the repurchase of an additional $500 million of its issued and outstanding registered shares, par value $0.01 per share (each a “Share,” and collectively the “Shares”) under a previous share repurchase program authorized on June 13, 2023. This is in addition to approximately $800 million for Share repurchases that remain available under the existing share repurchase program as of September 30, 2024, for an aggregate purchase authorization of approximately $1.3 billion (the “Expanded Program”).Greg Heckman, Bunge’s Chief Executive Officer, said, “As we continuously look for opportunities to best use our capital, share repurchases are an important consideration in our allocation framework. We are pleased to use a meaningful amount of the proceeds from the sale of our interest in the sugar and bioenergy joint venture to expand our existing shar Show less Read more
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