Edition:
India

Bunge Ltd (BG.N)

BG.N on New York Stock Exchange

51.13USD
18 Apr 2019
Change (% chg)

$-0.42 (-0.81%)
Prev Close
$51.55
Open
$51.81
Day's High
$51.81
Day's Low
$50.90
Volume
316,329
Avg. Vol
503,377
52-wk High
$76.92
52-wk Low
$48.90

Latest Key Developments (Source: Significant Developments)

Bunge Names Gregory Heckman Acting Chief Executive Officer
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Bunge Ltd ::BUNGE NAMES GREGORY A. HECKMAN ACTING CHIEF EXECUTIVE OFFICER.BUNGE LTD - COMPANY UPDATES OUTLOOK FOR FULL-YEAR 2018.BUNGE - L. PATRICK LUPO, ERNEST BACHRACH AND ENRIQUE BOILINI WILL NOT STAND FOR RE-ELECTION AT COMPANY'S 2019 ANNUAL GENERAL MEETING OF SHAREHOLDERS.BUNGE LTD - HECKMAN REPLACES SOREN SCHRODER, WHO PREVIOUSLY ANNOUNCED HIS INTENTION TO STEP DOWN.BUNGE LTD - FOR FULL YEAR 2018, ESTIMATES ADJUSTED EBIT SHORTFALL OF ABOUT $90-$100 MILLION IN AGRIBUSINESS SEGMENT.BUNGE LTD - NET DEBT AT YEAR END 2018 WAS APPROXIMATELY $5 BILLION, REDUCED FROM APPROXIMATELY $7 BILLION AT END OF Q3.BUNGE - ON PRELIMINARY BASIS, EXPECTS FY 2018 TOTAL SEGMENT ADJUSTED EBIT TO BE BELOW PREVIOUSLY DISCLOSED $1.045 BILLION LOW END OF OUTLOOK RANGE.BUNGE LTD - FOR FULL YEAR 2018, ESTIMATES ADJUSTED EBIT SHORTFALL OF ABOUT $60-$70 MILLION IN SUGAR AND BIOENERGY SEGMENT.BUNGE - DURING 2018, AGRIBUSINESS SHORTFALL WAS LARGELY DUE TO REDUCTION IN VALUE OF CO'S BRAZILIAN SOYBEAN OWNERSHIP.BUNGE - FY SUGAR,BIOENERGY SHORTFALL DUE TO LOWER BRAZILIAN ETHANOL PRICES, WEATHER-RELATED REDUCTION IN YIELDS AS POOR CROP YEAR CAME TO CLOSE.BUNGE - REDUCTION IN BRAZILIAN SOYBEAN OWNERSHIP VALUE IN 2018 DUE TO CHINA-RELATED TRADE, DEMAND CAUSING BRAZILIAN PRICES TO CONVERGE WITH U.S. PRICES.  Full Article

Bunge Says Soren Schroder To Step Down As CEO
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Bunge Ltd ::BUNGE ANNOUNCES LEADERSHIP TRANSITION.BUNGE ANNOUNCES LEADERSHIP TRANSITION.SAYS KATHLEEN HYLE APPOINTED CHAIRMAN OF THE BOARD.SOREN SCHRODER TO STEP DOWN AS CEO.KATHLEEN HYLE ASSUMES ROLE OF NON-EXECUTIVE CHAIR.PREVIOUSLY, HYLE SERVED AS CFO OF ANC RENTAL CORP.HYLE WILL SERVE ON CEO SEARCH COMMITTEE, ALONG WITH BOARD MEMBERS PAUL FRIBOURG, J. ERIK FYRWALD AND MARK ZENUK.SCHRODER WILL CONTINUE IN HIS CURRENT ROLE UNTIL A SUCCESSOR IS NAMED.BOARD HAS ESTABLISHED A SEARCH COMMITTEE TO IDENTIFY COMPANY'S NEXT CEO..L. PATRICK LUPO, WILL REMAIN A BOARD MEMBER.HYLE WILL SERVE ON CEO SEARCH COMMITTEE, ALONG WITH BOARD MEMBERS PAUL FRIBOURG, ERIK FYRWALD AND MARK ZENUK.  Full Article

Bunge Prepares To Replace CEO Soren Schroder- WSJ
Saturday, 8 Dec 2018 

Dec 7 (Reuters) - :BUNGE PREPARES TO REPLACE CEO SOREN SCHRODER- WSJ.BUNGE'S BOARD MIGHT ALSO REPLACE ITS CHAIRMAN, L. PATRICK LUPO- WSJ, CITING SOURCES.  Full Article

Point72 Asset Management Reports 5 Percent Passive Stake In Bunge Ltd As Of Sept. 12
Friday, 14 Sep 2018 

Sept 13 (Reuters) - Bunge Ltd ::POINT72 ASSET MANAGEMENT, L.P. REPORTS 5 PERCENT PASSIVE STAKE IN BUNGE LTD AS OF SEPT. 12 - SEC FILING.  Full Article

Bunge Announces Pricing And Expiration Of Tender Offer For 8.50% Senior Notes Due 2019
Tuesday, 11 Sep 2018 

Bunge Ltd ::BUNGE ANNOUNCES PRICING AND EXPIRATION OF TENDER OFFER FOR 8.50% SENIOR NOTES DUE 2019.BUNGE LTD -PRICING OF PREVIOUSLY ANNOUNCED CASH TENDER OFFER BY BUNGE LIMITED FINANCE CORP., CO'S UNIT FOR ANY AND ALL OF ITS 8.50% SENIOR NOTES DUE 2019.  Full Article

Bunge Ltd Says Unit Has Priced Public Offering Of $600 Mln Aggregate Principal Amount Of 4.350% Senior Notes Due 2024
Wednesday, 5 Sep 2018 

Sept 4 (Reuters) - Bunge Ltd ::BUNGE LIMITED ANNOUNCES PRICING OF SENIOR NOTES OFFERING.BUNGE LTD SAYS UNIT HAS PRICED A PUBLIC OFFERING OF $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.350% SENIOR NOTES DUE 2024.  Full Article

Bunge Increases Quarterly Dividend On Common Shares
Thursday, 24 May 2018 

May 23 (Reuters) - Bunge Ltd ::SETS QTRLY CASH DIVIDEND OF $1.21875 PER 4.875 PERCENT CUMULATIVE CONVERTIBLE PERPETUAL PREFERENCE SHARE .INCREASES QUARTERLY DIVIDEND ON COMMON SHARES AND DECLARES DIVIDENDS ON PREFERENCE SHARES.APPROVED AN INCREASE IN COMPANY'S REGULAR QUARTERLY COMMON SHARE CASH DIVIDEND, FROM $0.46 TO $0.50 PER SHARE.  Full Article

Corbion, Bunge Sign Interim-Agreement On Acquisition Of Bunge's Stake In SB Renewable Oils JV
Thursday, 29 Mar 2018 

March 29 (Reuters) - Corbion NV ::CORBION AND BUNGE SIGN INTERIM-AGREEMENT REGARDING THE ACQUISITION OF BUNGE'S STAKE IN SB RENEWABLE OILS JOINT VENTURE.CORBION AND BUNGE ARE 50.1%/49.9% PARTNERS IN SB RENEWABLE OILS.  Full Article

Bunge Limited Declares Dividends On Common And Preference Shares
Thursday, 15 Mar 2018 

March 14 (Reuters) - Bunge Ltd ::BUNGE LIMITED DECLARES DIVIDENDS ON COMMON AND PREFERENCE SHARES.BUNGE LTD - ‍DECLARED A REGULAR QUARTERLY CASH DIVIDEND OF $0.46 PER COMMON SHARE​.  Full Article

Investor Continental Grain Is Set To Pressure Bunge To Sell Itself - WSJ
Monday, 5 Mar 2018 

March 5 (Reuters) - :INVESTOR CONTINENTAL GRAIN, WHICH OWNS MORE THAN 1 PERCENT OF BUNGE, IS SET TO PRESSURE CO TO SELL ITSELF - WSJ.CONTINENTAL GRAIN IS EXPECTED ON MONDAY TO SECURE APPROVAL FROM U.S. ANTITRUST REGULATORS TO PURCHASE MORE STOCK - WSJ, CITING SOURCES.  Full Article

Photo

Brazil ports linked to Bunge, Cargill seek lower Panama Canal fees

SAO PAULO Brazilian port operators including units of global grain traders Cargill Ltd and Bunge Ltd will unveil a proposal this week to lower Panama Canal tariffs and cut their costs in shipping agricultural commodities to their main market China.