ADM , on Friday, March 27, closed on a $1.5 billion notes offering, comprised of $0.5 billion aggregate principal amount of 2.75% notes due 2025 and $1.0 billion aggregate principal amount of 3.25% notes due 2030. ?We are delighted with the reception of the market to this bond offering,? said CFO Ray Young. ?The strong investor demand, combined with our single A credit ratings, are compelling evidence of the continued [...]
ADM announced today that it is has committed a total of approximately $1 million to various organizations involved in the fight against COVID-19. The contributions include commitments to the COVID-19 Solidarity Response Fund for the World Health Organization , various regional and local charities focusing on COVID-19 in the areas where ADM operates, and matches to ADM employee contributions to COVID-19 relief and [...]
ADM has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies. The recognition honors companies that take the long view with a purpose-based strategy and strive to create positive change throughout their global communities. “Each day, our world-class team of 40,000 works to enrich the quality of [...]
ADM’s Board of Directors has declared a cash dividend of 36.0 cents per share on the company’s common stock, a 2.85% increase from last quarter’s dividend of 35.0 cents per share. The dividend is payable on March 5, 2020, to shareholders of record on Feb. 13, 2020. This is ADM’s 353rd consecutive quarterly payment, a record of 88 years of uninterrupted dividends. As of Dec. 31, 2019, there were [...]
ADM today reported financial results for the quarter ended December 31, 2019. “Our team delivered a solid fourth quarter, consistent with our expectations three months ago,” said Chairman and CEO Juan Luciano. “At the end of 2019, we can look back on a full year in which the team did a great job managing through some difficult external conditions while continuing to deliver innovative solutions for our [...]
ADM was named one of the world’s most admired companies in the food production industry by FORTUNE Magazine for the 12th year in a row. FORTUNE’s “World's Most Admired Companies” list is the definitive report card on corporate reputation, and is developed by FORTUNE and Korn Ferry. For 2020, the list ranked companies in 52 major industries on nine criteria — from investment value and quality [...]
As part of the company’s continued growth as a global leader in nutrition, ADM today unveiled an updated corporate identity, reflecting the company’s recent evolution. Having made numerous portfolio adjustments for growth in recent years – including divestitures, acquisitions and investments – ADM today provides a full range of solutions to meet the opportunities presented by rapidly evolving [...]
ADM announced today that it has acquired Yerbalatina Phytoactives, a pioneering natural plant-based extracts and ingredients manufacturer. “ADM is a global leader in nutrition, and we are proud to be at the cutting edge of many of today’s trends, including those toward fortified foods, beverages and supplements that enhance health and come from natural sources. Today, we’re adding to our ability to meet [...]
Archer Daniels Midland Company will present at the Stephens 2019 Nashville Investment Conference on Wednesday, Nov. 13, in Nashville, Tennessee. Ray Young, chief financial officer, and Vince Macciocchi, president, ADM Nutrition, will present at 9 a.m. Central Time. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation will also be available for a limited time on [...]
Archer Daniels Midland Company’s Board of Directors has declared a cash dividend of 35.0 cents per share on the company’s common stock payable on Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. This is ADM’s 352nd consecutive quarterly payment, a record of 88 years of uninterrupted dividends. As of Sept. 30, 2019, there were 556,671,790 shares of ADM common stock outstanding. About ADM For [...]
Archer Daniels Midland Company today reported financial results for the quarter ended September 30, 2019. “We delivered solid third quarter results, consistent with the perspectives we provided last quarter, despite a difficult external environment,” said Chairman and CEO Juan Luciano. “We maintained our focus on serving our customers and advancing our strategic goals, and continued to realize the [...]
Continuing its efforts to eradicate worldwide hunger on World Food Day, Archer Daniels Midland Company today announced a partnership with Concern Worldwide, an international humanitarian organization dedicated to the reduction of suffering in the world's poorest countries. ADM Cares will donate $1 million toward the creation and implementation of the Lifesaving Education and Assistance to Farmers Project, which will [...]