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FMC Corporation Receives Industry's First Dual Mode of Action Herbicide Classification for Rimisoxafen

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FMC (NYSE: FMC) announced that HRAC has classified rimisoxafen as the industry's first dual mode of action herbicide, designated under HRAC Groups 12 and 32. The classification recognizes dual inhibition of PDS and SDPS, increasing the barrier to weed resistance.

Rimisoxafen targets palmer amaranth and waterhemp, is intended for broadacre crops, was discovered at FMC's Stine Research Center, and regulatory dossiers will begin in 2026.

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Positive

  • First-ever HRAC dual mode classification (Groups 12 and 32)
  • Dual inhibition of PDS and SDPS biochemical pathways
  • Reported control of palmer amaranth and waterhemp
  • Regulatory dossier submissions planned to start in 2026

Negative

  • No regulatory approvals yet; commercialization pending
  • Palmer amaranth remains resistant to eight herbicide modes

Key Figures

2026 Revenue Guidance: $3.60–$3.80B 2026 Adjusted EBITDA: $670–$730M 2026 Adjusted EPS: $1.63–$1.89 +5 more
8 metrics
2026 Revenue Guidance $3.60–$3.80B Guidance disclosed Feb 4, 2026 strategic options announcement
2026 Adjusted EBITDA $670–$730M Guidance in Feb 4, 2026 priorities update
2026 Adjusted EPS $1.63–$1.89 Guidance in Feb 4, 2026 strategic options release
Debt Paydown Plan $1B Planned via asset sales/licensing in 2026 priorities
Quarterly Dividend $0.08 per share Regular cash dividend declared Dec 12, 2025
Vanguard Ownership 12,965,507 shares (10.37%) Schedule 13G/A as of 12/31/2025
Current Price $13.66 Pre-news trading level vs 52-week range $12.17–$44.78
Market Cap $1,826,331,380 Equity value at current price before this announcement

Market Reality Check

Price: $14.62 Vol: Volume 2,776,169 is below...
low vol
$14.62 Last Close
Volume Volume 2,776,169 is below the 5,224,613 20-day average, suggesting muted pre-news positioning. low
Technical Shares trade well below the 28.88 200-day MA and sit 69.5% under the 52-week high, only 12.24% above the 52-week low.

Peers on Argus

FMC fell 1.62% with peers mostly lower: ICL -1.49%, SMG -0.79%, MOS -1.14%, CF -...

FMC fell 1.62% with peers mostly lower: ICL -1.49%, SMG -0.79%, MOS -1.14%, CF -2.18%, while CTVA +0.49%. This points to broader pressure in Agricultural Inputs rather than a purely stock-specific move.

Historical Context

5 past events · Latest: Feb 11 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 11 Conference appearance Neutral +0.3% Management presenting at a major agriculture and materials investor conference.
Feb 04 Strategic review, guidance Positive +5.9% Exploration of strategic options plus detailed 2026 revenue, EBITDA, EPS guidance.
Jan 22 Annual meeting notice Neutral +1.6% Announcement of 2026 virtual annual meeting date and record date details.
Dec 22 Earnings date notice Neutral -0.4% Scheduling of Q4 2025 earnings release and conference call with replay details.
Dec 12 Dividend declaration Positive -5.7% Regular quarterly cash dividend of $0.08 per share to shareholders of record.
Pattern Detected

Stock generally aligns with news tone; one notable divergence on a dividend announcement.

Recent Company History

Over the last few months, FMC has focused on capital markets visibility, governance, and capital allocation. A Bank of America agriculture conference appearance on Feb 25, 2026 and the Apr 28, 2026 annual meeting date were routine communications with modest price impact. The Feb 4, 2026 update outlining 2026 priorities, including exploring strategic options and issuing guidance of $3.60–$3.80B revenue and $670–$730M adjusted EBITDA, saw a stronger positive reaction. A regular $0.08 dividend declaration in Dec 2025 coincided with a sharper one-day decline.

Market Pulse Summary

This announcement highlights HRAC’s first dual mode of action herbicide classification for rimisoxaf...
Analysis

This announcement highlights HRAC’s first dual mode of action herbicide classification for rimisoxafen, underscoring FMC’s focus on novel actives for herbicide-resistant weeds. It follows earlier disclosures of 2026 guidance of $3.60–$3.80B revenue and plans to commercialize new ingredients. The news adds scientific validation but still depends on successful regulatory dossiers starting in 2026. Investors may watch how this molecule progresses relative to other recent actives and how it complements the broader strategic and financial priorities.

AI-generated analysis. Not financial advice.

FMC Corporation Logo. (PRNewsFoto/FMC Corporation)

PHILADELPHIA, Feb. 23, 2026 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced that the Herbicide Resistance Action Committee (HRAC) has classified rimisoxafen as a dual mode of action herbicide, designated under HRAC Groups 12 and 32. This is the first dual mode of action classification in HRAC's history, a significant milestone for the global crop protection industry and validation of FMC's innovative approach to combating herbicide-resistant weeds.

The unprecedented classification recognizes rimisoxafen's unique ability to simultaneously inhibit both phytoene desaturase (PDS) and solanesyl diphosphate synthase (SDPS), two critical biochemical pathways in weeds. The dual mode of action makes it far more difficult for weeds to survive and adapt, providing a critical new tool in the fight against herbicide resistance.

"HRAC's historic classification of rimisoxafen validates the breakthrough nature of this technology," said Seva Rostovtsev, executive vice president and chief technology officer. "Studies show this molecule delivers control of palmer amaranth and waterhemp, giving farmers an effective solution against weeds that have become resistant to multiple herbicide classes. This is the kind of innovation growers need to protect their crops and their livelihoods."

Herbicide resistance has become an increasingly serious challenge for global agriculture. Palmer amaranth, one of the most economically damaging weed threats facing growers today, has developed resistance to eight different herbicide modes of action. Rimisoxafen's dual mode of action creates a significantly higher barrier to resistance development compared to single mode of action herbicides. Rimisoxafen is designed primarily for use in broadacre crops such as corn, soybean, cereals, pulses and sunflower, and will provide effective control of troublesome and resistant broadleaf weeds.

Discovered by FMC scientists at the company's Stine Research Center, rimisoxafen represents the third novel herbicide that FMC has developed for regulatory submission in recent years, following Isoflex® active and Dodhylex™ active. FMC expects to begin submitting regulatory dossiers for rimisoxafen in key markets starting in 2026, marking the next step toward bringing this novel technology to growers in key global markets.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

FMC, Dodhylex and Isoflex are trademarks of FMC Corporation and/or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995:  FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in presentations, reports or letters to FMC stockholders.

In some cases, FMC has identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2024 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  Forward-looking statements are qualified in their entirety by the above cautionary statement.

We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

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SOURCE FMC Corporation

FAQ

What did FMC announce about rimisoxafen on February 23, 2026 (FMC)?

FMC announced HRAC classified rimisoxafen as a dual mode herbicide under Groups 12 and 32. According to the company, this is HRAC's first dual classification and recognizes concurrent inhibition of PDS and SDPS pathways in weeds.

How does rimisoxafen's dual mode of action affect herbicide resistance for FMC (FMC)?

The dual mode creates a higher barrier to resistance by inhibiting two pathways simultaneously. According to the company, targeting both PDS and SDPS makes it harder for weeds to adapt compared with single-mode herbicides.

Which weeds and crops does FMC say rimisoxafen is designed to control (FMC)?

Rimisoxafen is said to control troublesome broadleaf weeds including palmer amaranth and waterhemp. According to the company, it is designed for broadacre crops like corn, soybean, cereals, pulses, and sunflower.

When will FMC submit regulatory dossiers for rimisoxafen and what does that mean for availability (FMC)?

FMC expects to begin submitting regulatory dossiers for rimisoxafen in 2026. According to the company, dossier submissions are the next step toward regulatory review but do not guarantee immediate market availability.

Where was rimisoxafen discovered and how does it fit FMC's pipeline (FMC)?

Rimisoxafen was discovered at FMC's Stine Research Center and is the third novel herbicide submitted recently. According to the company, it follows Isoflex active and Dodhylex active as recent regulatory pipeline entries.
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