Archer Daniels Midland Company

ADM , a global leader in sustainably sourced solutions from nature, is furthering its commitment to bringing safe water and sanitation to the world by providing a $1 million contribution to Water.org in support of the nonprofit organization's efforts to transform millions of lives on a global scale. Today, 2.2 billion people - 1 in 4 - lack access to safe water, and 3.5 billion - 2 in 5 people - do not have access to a [...]

ADM today announced that it has entered into an accelerated share repurchase agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM's common stock. "We finished 2023 with strong momentum in terms of returning cash to our shareholders, and we will continue to prioritize shareholders in our cash deployment in 2024," Board Chair and CEO [...]

ADM today provided an update with respect to the internal investigation led by the Audit Committee of its Board of Directors regarding certain accounting practices and procedures with respect to ADM's Nutrition reporting segment, including as related to certain intersegment sales. The investigation was initially disclosed in January 2024. "Our strong commitment to compliance and integrity in our financial reporting is [...]

ADM today reported financial results for the quarter and full year ended December 31, 2023. Full-Year 2023 Highlights Segment operating profit of $5,900 million, adjusted segment operating profit1 of $6,244 million Trailing four-quarter average adjusted return on invested capital 1 of 12.2% Board Chair and CEO Juan Luciano commented, "ADM's results speak to the resiliency of our business. Supported by our unparalleled [...]

ADM will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update. To listen to the webcast or to download the slide presentation, go to www.adm.com/webcast. A replay of the webcast will also be available for an [...]

ADM today announced that it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission related to the Company's Annual Report on Form 10-K for the fiscal year 2023. The Company is working diligently to finalize its financial statements and currently intends to file its Annual Report on Form 10-K as soon as practicable by March 15, 2024, the end of the 15-day extension period [...]

Fuerst Day Lawson Limited , a portfolio company of Highlander Partners, L.P., completed the previously announced sale to ADM , a premier global human and animal nutrition company. FDL, founded in 1884 and headquartered in London, is a leading ingredient solutions provider, specialized in the rapid development, formulation and manufacture of natural taste and nutrition solutions for applications across multiple product [...]

ADM's Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock, an approximately 11% increase from last quarter's dividend of 45.0 cents per share. The dividend is payable on Feb. 29, 2024, to shareholders of record on Feb. 8, 2024. This is ADM's 369th consecutive quarterly payment, a record of more than 92 years of uninterrupted dividends. As of Dec. 31, 2023, there were [...]

ADM today announced the appointment of Ismael Roig as Interim Chief Financial Officer. Mr. Roig is a skilled executive deeply familiar with ADM's business, having served in a variety of global operational and financial leadership roles since joining the Company in 2004. The appointment follows the decision of the ADM Board of Directors to place Vikram Luthar, Chief Financial Officer and Senior Vice President, on [...]

ADM , a global leader in sustainably sourced solutions from nature, announced today that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective at the end of the year, ADM now intends to expand these capabilities to other key locations [...]