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Archer daniels midland Co  (ADM)
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 ADM $62.8100 $-0.1800 -0.29%

 Volume (M): 4,121   Open : 63.09    52 Wk Avg :  72.30

 
 ADM $62.8100 $-0.1800 -0.29%

 Volume (M): 4,121   Open : 63.09    52 Wk Avg :  72.30




ADM Today's High: $63.42 ADM Shares One Week Perf: 1.31 %
ADM Today's Low: $ 62.63 ADM Shares 30 Day Performance: 18.49 %
Number of ADM Shares Traded (M): 4,121 ADM Share Price 52 Wk High: $ 87.30
Value of ADM's Shares Traded (M$): $ 258,809 ADM Share Price 52 Wk Avg: $72.30
Share Price at the Open: $63.09 ADM's Share Price 52 Wk Low: $50.72



  News about Archer daniels midland Co's Stock Splits and Dividends

ADM Announces $1 Billion Share Buyback Program, Prioritizing Shareholders in Cash Deployment



CHICAGO - Archer Daniels Midland Co. (ADM) recently made headlines with its announcement of a $1 billion accelerated share repurchase (ASR) agreement with Merrill Lynch International. This move comes after an impressive year for ADM, as it aims to continue returning cash to its shareholders while emphasizing their importance in its cash deployment strategy for 2024. With 541.68 million shares outstanding and a current stock price of $58.68, this repurchase agreement holds significant implications for both ADM and its investors.
1. Highlighting ADM's Strategic Move:
Archer Daniels Midland Co. (ADM) has taken a major stride by entering into an accelerated share repurchase agreement with Merrill Lynch International. This agreement allows ADM to repurchase $1 billion of its common stock, reflecting its commitment to returning cash to shareholders. Board Chair and CEO Juan Luciano emphasized the company's momentum in returning cash to shareholders during 2023, affirming that this trend will continue into 2024.

Archer Daniels Midland to Increase Cash Dividend by 11% Following Strong Quarter



Archer Daniels Midland Co (NYSE: ADM) recently announced an increase in cash dividend for its common stock, demonstrating the company's continued commitment to shareholders. As one of the world's leading agricultural processors, ADM has a long and impressive history of uninterrupted dividends, with its 369th consecutive quarterly payment scheduled for February 29, 2024. In light of these developments, it is important to analyze the company's recent stock performance and its potential implications.

Archer Daniels Midland Co, commonly known as ADM, has declared a cash dividend of 50.0 cents per share on its common stock. This represents an impressive 11% increase from the previous quarter's dividend of 45.0 cents per share. The dividend will be paid out on February 29, 2024, to shareholders of record on February 8, 2024. It is worth noting that this announcement marks a significant milestone for ADM, reflecting over 92 years of consecutive dividend payments.





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