Welcome to our dedicated page for Bunge Global SA news (Ticker: BG), a resource for investors and traders seeking the latest updates and insights on Bunge Global SA stock.
Bunge Global SA (NYSE: BG) news covers developments across its integrated agribusiness and food operations, with a focus on soybean and other oilseed processing, grain merchandising, refined and specialty oils, and milling activities. As a company that connects farmers to consumers to deliver essential food, feed and fuel, Bunge regularly issues updates that help investors and industry followers understand how its global value chains are performing.
Typical BG news items include quarterly earnings releases, where Bunge reports segment results, non-GAAP measures such as Adjusted Segment EBIT and Adjusted Total EBIT, and commentary on regional performance in oilseeds processing, refining and grain merchandising. The company also announces changes to its reporting segments, such as the shift to Soybean Processing and Refining, Softseed Processing and Refining, Other Oilseeds Processing and Refining, and Grain Merchandising and Milling following its combination with Viterra.
Other frequent topics in Bunge news are capital markets and financing actions, including senior notes offerings through Bunge Limited Finance Corp., amendments to revolving credit facilities, and adjustments to its commercial paper and securitization programs. Corporate governance and organizational updates, such as executive role changes and share repurchase-related capital reductions, are also disclosed through press releases and Form 8-K filings.
In addition, Bunge highlights its social impact and food security initiatives, including its World Food Day Global Volunteer Program, which showcases employee engagement in community projects around the world. For anyone tracking BG stock, this news stream provides insight into operational execution, integration of the Viterra combination, balance sheet and liquidity management, and the company’s stated commitment to global food security and community support.
Bunge (NYSE:BG) CEO Greg Heckman will participate in a fireside chat at the BMO Capital Markets 17th Annual Farm to Market Conference on May 18 at 2:45 PM ET in New York City. Investors can access the webcast through the "Events and presentations" section on Bunge's website. With over 200 years of experience, Bunge connects farmers to consumers, focusing on sustainability and food security. The company operates nearly 300 facilities globally, employing around 23,000 individuals.
Chevron U.S.A. and Bunge North America have formed Bunge Chevron Ag Renewables LLC, marking the completion of their previously announced joint venture. This new entity aims to innovate in the development of renewable fuel feedstocks by combining Bunge's oilseed processing expertise with Chevron's fuel manufacturing capabilities. The collaboration underscores both companies' commitment to sustainability and meeting the growing demand for cleaner energy solutions.
Bunge Limited (NYSE:BG) reported Q1 2022 results with a GAAP EPS of $4.48, down from $5.52 in Q1 2021. Adjusted EPS improved to $4.26 from $3.13. Despite challenges from the Ukraine conflict, Agribusiness remains resilient, connecting farmers to consumers. Full-year adjusted EPS guidance has been increased to at least $11.50. The company faced a net income decrease to $688 million from $831 million. Key segments showed varied performance, with refined oils benefiting from strong demand, while the overall Agribusiness forecast hints at lower results compared to last year.
Bunge (NYSE: BG) and Chevron (NYSE: CVX) have announced a strategic partnership with CoverCress Inc. to develop a new renewable oilseed and animal feed crop. This collaboration aims to enhance sustainability in agriculture and meet the growing demand for renewable fuels. The CoverCress™ technology, derived from field pennycress, will provide farmers with an additional revenue stream while benefiting soil health. Both companies have invested in CCI, which will supply grain for processing, establishing a dedicated farm-to-fuel supply chain.
Bunge Limited (NYSE: BG) will hold its virtual Annual General Meeting of Shareholders on May 12, 2022, at 11:00 a.m. Central Time. Shareholders can access the meeting online through a live audio webcast. To vote or submit questions, shareholders must use their control number from proxy materials. The record date for shareholder eligibility was March 14, 2022. Bunge encourages all shareholders to vote in advance. Bunge, headquartered in St. Louis, Missouri, connects farmers to consumers and aims to improve global food security through sustainable practices.
Bunge Limited (NYSE:BG) has updated its volume reporting methodology starting Q1 2022, aiming for clearer alignment with its primary income-generating activities. The company will no longer report grains and oilseeds origination volumes. New reporting categories include processing volumes, merchandising volumes, refined and specialty oils segment volumes, and milling segment volumes, while sugar and bioenergy segments will not report volumes. Prior year amounts have been adjusted to match this new methodology, but it does not affect previously issued financial statements.
Summary not available.
Bunge Limited (NYSE: BG) will release its financial results for the quarter ended March 31, 2022, on April 27, 2022, before market opening. A conference call will take place at 7:00 am Central Time to discuss these results, available via webcast at www.bunge.com. Investors can access the call by dialing 1-844-735-3666 or 1-412-317-5706 for international calls. A replay will be accessible from April 27 through May 27, 2022.
Bunge is a leader in oilseed processing, committed to delivering essential food and fuel globally, with significant operations spanning over 40 countries.
Bunge Limited (NYSE: BG) announced the automatic conversion of its 4.875% cumulative convertible perpetual preference shares into common shares effective March 23, 2022. This conversion, triggered by the common share price surpassing 130% of the conversion price, will simplify the company's capital structure and increase its public float. Approximately 6.9 million preference shares will convert into 8.9 million common shares. Following this conversion, no preferred shares will remain, and holders will lose their rights to previously declared dividends.
Bunge Limited (NYSE: BG) announced a quarterly cash dividend of $0.525 per share on February 23, 2022, payable on June 2, 2022, to shareholders on record as of May 19, 2022. Additionally, a dividend of $1.21875 per share for its 4.875% cumulative convertible perpetual preference shares will be paid on June 1, 2022, to those on record by May 15, 2022. Bunge aims to connect farmers to consumers, emphasizing sustainability and global food security while operating over 300 facilities worldwide.