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 reports agribusiness developments tied to grain origination, storage and distribution, oilseed processing and refining, and plant-based oils, fats and proteins. The company connects farmers, commodity flows and food, feed and fuel customers through a global agricultural supply chain.
Recurring BG news includes operating and financial results, investor presentations, strategic growth and capital allocation updates, governance matters, shareholder voting items and capital-structure disclosures. Company updates also cover integration of the completed Viterra acquisition and portfolio additions such as soy protein concentrate, lecithin and soy crush assets.
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Bunge Limited (NYSE: BG) declared a quarterly cash dividend of $0.525 per share on November 3, 2021. This dividend is set for payment on March 2, 2022, to shareholders of record by February 16, 2022. Additionally, a dividend of $1.21875 per share was announced for its 4.875% cumulative convertible perpetual preference shares, payable on March 1, 2022, to holders on February 15, 2022.
Bunge Limited (NYSE:BG) reported impressive Q3 2021 results, with GAAP EPS of $4.28, significantly higher than $1.84 in Q3 2020. Adjusted EPS rose to $3.72 from $2.47. Strong performance in Agribusiness and Refined Oils drove these results, supported by market conditions. Bunge announced a joint venture with Chevron and completed a $100 million share repurchase, with a new $500 million program authorized. The company raised its full-year adjusted EPS outlook to at least $11.50, reflecting favorable trends and robust results.
Bunge Limited (NYSE: BG) announced the appointments of Michael Kobori and Kenneth Simril to its Board of Directors, effective October 25, 2021. Kobori is the Chief Sustainability Officer at Starbucks and has extensive experience in sustainability roles. Simril served as President and CEO of Fleischmann's Ingredients and has a strong financial background. Both will contribute their expertise to Bunge's strategic committees, enhancing the company's capabilities in sustainability, risk management, and operations.
Bunge Limited (NYSE: BG) has announced its agreement to sell seven wheat mills in Mexico to Grupo Trimex. This decision aligns with Bunge's strategy to operate value chains more effectively, focusing on end-to-end collaboration with farmers and customers. CEO Greg Heckman emphasized that this sale will enhance opportunities for employees and customers alike. Following the sale, Bunge will continue to serve its oil and meal customers in Mexico and operate its corn mill in Querétaro.
Bunge Limited (NYSE: BG) will release its Q3 2021 financial results on October 27, 2021, before market opens. Management will host a conference call at 7:00 a.m. Central Time to discuss results, with a slide presentation available on www.bunge.com. The call can be accessed by dialing 1-844-735-3666 (US) or 1-412-317-5706 (international). A replay will be available later that day through November 27, 2021.
Chevron and Bunge have announced a memorandum of understanding for a 50/50 joint venture aimed at boosting renewable fuel production. Chevron is set to invest approximately $600 million into the venture, while Bunge plans to utilize its soybean processing facilities in Louisiana and Illinois. The initiative aims to double the combined processing capacity to 7,000 tons per day by the end of 2024, with a focus on lower carbon intensity feedstocks. The venture is pending final agreements and regulatory approval.
Bunge Limited (NYSE: BG) announced that CEO Greg Heckman will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Wednesday, September 8 at 2:00 p.m. ET. Interested parties can access the webcast through the company’s website in the 'Events and presentations' section. Bunge connects farmers to consumers, emphasizing sustainability and food security in its operations worldwide, employing over 23,000 staff across approximately 300 facilities in more than 40 countries.