Archer-Daniels-Midland announced on December 11, 2024, that its Board of Directors authorized an extension of the company's share repurchase program. The program has been extended for an additional five years, now running through December 31, 2029.
The Board also authorized repurchases of up to an additional 100,000,000 shares under the extended program. This increases the total authorized shares for repurchase to 300,000,000.
Following this expansion, 114,764,049 shares remain available for future repurchases. This move underscores ADM's disciplined approach to capital allocation and its commitment to enhancing shareholder returns.
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