ADM Strengthens Capital Strategy With Share Repurchase Extension
Archer Daniels Midland Company (ADM) has announced an extension of its share repurchase program. Initially launched in 2015, the program authorized the repurchase of up to 1 billion shares through Dec. 31, 2019. In 2019, it was extended up to Dec. 31, 2024, with the authorization increased to 2 billion shares.The program has been extended by another five years, running through Dec. 31, 2029. The board has authorized the repurchase of an additional 1 billion shares under this extended program, bringing the t ...