Vylor (NYSE: VYLR) reaffirmed its full-year 2026 outlook as year-to-date sales increased but third-quarter sales and profitability weakened. For the nine months ended September 30, pro forma net sales rose 4% to $8.53 billion, while pro forma income from continuing operations fell 18% to $1.01 billion. Adjusted pro forma operating EBITDA rose 8% to $2.66 billion.
Third-quarter pro forma sales fell 1% to $938 million; the after-tax continuing-operations loss widened to $480 million from $391 million. Vylor expects full-year adjusted pro forma operating EBITDA of approximately $2.8 billion and adjusted operating EPS of $2.25–$2.35. The board authorized a $3 billion multi-year buyback and a $0.13-per-share dividend payable December 7, 2026. Its 2029 targets include approximately $11.2 billion–$11.9 billion in net sales.
Vylor (NYSE: VYLR) announced that its board authorized a new, multi-year $3 billion share repurchase program, effective immediately with no expiration. The authorization is consistent with the capital allocation strategy outlined at its September 15, 2026 Investor Day. Actual purchases will depend on management decisions, market conditions and competing uses of capital.
Vylor will release third-quarter 2026 earnings on November 11, 2026, after the stock market closes. A live earnings webcast will follow on November 12, 2026, at 9:00 a.m. Eastern Time.
Vylor (NYSE: VYLR) authorized a quarterly common stock dividend of $0.13 cents per share, payable December 7, 2026.
The Board of Directors approved the dividend at its quarterly meeting. Shareholders of record on November 30, 2026, are eligible for the payment.
Vylor (VYLR) will release its third-quarter 2026 earnings on November 11, 2026, after the stock market closes.
A live webcast follows on November 12, 2026, at 9:00 a.m. Eastern Time. Accompanying slides will be posted on the Investor Events and Presentations page, where a webcast replay will remain available until November 12, 2027.
S&P Dow Jones Indices, a division of S&P Global (SPGI), announced index changes involving Workiva, Vylor, Twilio and other companies.
Vylor (VYLR) joined the S&P 500 on October 1, 2026, following its completed spin-off from Corteva. Before trading opens on October 6, Corteva (CTVA) leaves the S&P 500 for the S&P MidCap 400, replacing Olin (OLN), which replaces Qorvo (QRVO) in the S&P SmallCap 600. Twilio (TWLO) replaces Warner Bros. Discovery (WBD) in the S&P 500; Formfactor (FORM) replaces Twilio in the S&P MidCap 400; and Workiva (WK) replaces Formfactor in the S&P SmallCap 600.
Skyworks Solutions (SWKS) is acquiring Qorvo, and Paramount Skydance (PSKY) is acquiring Warner Bros. Discovery. Both deals are expected to close soon, pending final closing conditions. Paramount Skydance will move its primary listing to the NYSE after the merger.
Vylor (NYSE: VYLR) completed its separation from Corteva as an independent public company and will begin trading October 1, 2026.
The company has a $19 billion technology pipeline and plans 12 platform launches over the next decade: seven corn platforms starting in 2028, four soybean platforms by 2035, and its Xpedite hybrid wheat system in North America in late 2027. Launches remain subject to field testing and applicable regulatory reviews.
Vylor expects gross licensing income of more than $500 million in 2027, over $1 billion by 2035, and approaching $2 billion by 2040. Its 2029 targets are approximately $11.2 billion to $11.9 billion in net sales, representing 3% to 4% annual growth over the planning period, and approximately $3.3 billion to $3.7 billion in operating EBITDA, a non-GAAP profit measure excluding interest, taxes, depreciation, amortization and other adjustments.
Corteva (CTVA) announced September 24, 2026, that the SEC declared Vylor's Form 10 registration statement effective.
Vylor's separation into an independent, publicly traded company is expected to be completed October 1, 2026. Corteva stockholders of record at the close of business September 24 will receive one Vylor share for each Corteva share held upon completion. Vylor stock is authorized for NYSE listing and is expected to begin regular-way trading as VYLR on October 1.