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DowDuPont Inc (DWDP.N)

DWDP.N on New York Stock Exchange

53.92USD
22 Mar 2019
Change (% chg)

$-2.00 (-3.58%)
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Latest Key Developments (Source: Significant Developments)

Univar Solutions Expands The Dow Beauty Care Specialties Organic Product Range Agreement In Greece
Tuesday, 19 Mar 2019 

Univar Inc ::UNIVAR SOLUTIONS EXPANDS THE DOW BEAUTY CARE SPECIALTIES ORGANIC PRODUCT RANGE AGREEMENT IN GREECE.UNIVAR - CO'S UNIT ANNOUNCED THAT DOW EUROPE GMBH EXPANDED DOW BEAUTY CARE SPECIALTIES ORGANIC PRODUCT RANGE DISTRIBUTION BY UNIVAR SOLUTIONS IN GREECE.UNIVAR INC - THROUGH EXPANDED AGREEMENT, UNIVAR SOLUTIONS WILL MARKET AND SELL FULL RANGE OF DOW'S PERSONAL CARE SPECIALTY INGREDIENTS IN GREECE.  Full Article

Dow Confirms Intent To Adopt Stock Repurchase Plan Immediately Upon Separation From DowDuPont
Monday, 18 Mar 2019 

March 18 (Reuters) - DowDuPont Inc ::DOW CONFIRMS INTENT TO ADOPT STOCK REPURCHASE PLAN IMMEDIATELY UPON SEPARATION FROM DOWDUPONT.DOW CONFIRMS INTENT TO ADOPT STOCK REPURCHASE PLAN IMMEDIATELY UPON SEPARATION FROM DOWDUPONT.DOW - SHARE REPURCHASE PLAN TO BEGIN UNDER RULE 10B5-1.DOW - PLAN WILL FACILITATE REPURCHASE OF DOW COMMON STOCK AS EARLY AS APRIL 2, 2019.  Full Article

Dowdupont Announces Effectiveness Of The Form 10 Registration Statement For New Dow
Wednesday, 13 Mar 2019 

March 13 (Reuters) - DowDuPont Inc ::DOWDUPONT ANNOUNCES EFFECTIVENESS OF THE FORM 10 REGISTRATION STATEMENT FOR NEW DOW.DOWDUPONT - NYSE AUTHORIZED DOW'S COMMON STOCK FOR LISTING, ADVISED "WHEN-ISSUED" TRADING IN DOW STOCK TO BEGIN MARCH 20, UNDER SYMBOL "DOW WI".DOWDUPONT - AFTER SPIN-OFF, ON APRIL 2, DOW STOCK TO BEGIN "REGULAR WAY" TRADING ON NYSE UNDER SYMBOL "DOW", DOWDUPONT TO CONTINUE TRADING UNDER "DWDP".  Full Article

Dowdupont Further Strengthens Future Board Of Agriculture Unit Corteva Agriscience
Monday, 11 Mar 2019 

March 11 (Reuters) - DowDuPont Inc ::DOWDUPONT FURTHER STRENGTHENS FUTURE BOARD OF DIRECTORS OF CORTEVA AGRISCIENCE™, AGRICULTURE DIVISION OF DOWDUPONT.DOWDUPONT INC - CORTEVA AGRISCIENCE HAS 11 MEMBERS ON ITS FUTURE BOARD.DOWDUPONT INC - ANNOUNCED TWO ADDITIONAL MEMBERS OF FUTURE BOARD OF DIRECTORS OF CORTEVA AGRISCIENCE, AGRICULTURE DIVISION OF DOWDUPONT.DOWDUPONT INC - TWO ADDITIONAL MEMBERS OF FUTURE BOARD OF CORTEVA AGRISCIENCE ARE KLAUS ENGEL AND REBECCA LIEBERT.  Full Article

DowDuPont Board Of Directors Approves Separation Of Materials Science Division, Creating The New Dow
Friday, 8 Mar 2019 

March 8 (Reuters) - DowDuPont Inc ::DOWDUPONT BOARD OF DIRECTORS APPROVES SEPARATION OF MATERIALS SCIENCE DIVISION, CREATING THE NEW DOW.DOW REAFFIRMS INTENT TO ISSUE ANNUAL DIVIDEND PAYOUT OF $2.1B & LAUNCH $3B OPEN SHARE REPURCHASE PROGRAM AFTER SEPARATION.DOW DECLARES 2Q DIVIDEND OF $525MM.DOWDUPONT DECLARES 2Q DIVIDEND OF $325MM.DOWDUPONT REAFFIRMS INTENT FOR DUPONT AND CORTEVA TO ISSUE ANNUAL DIVIDEND PAYOUTS OF $900MM AND $400MM.BOARD APPROVED PREVIOUSLY ANNOUNCED SEPARATION OF DOWDUPONT'S MATERIALS SCIENCE DIVISION, WHICH WILL BECOME NEW DOW ON APRIL 1.ANTICIPATED THAT "WHEN-ISSUED" TRADING IN DOW COMMON STOCK ON NYSE WILL BEGIN ON OR ABOUT MARCH 20, 2019 UNDER SYMBOL "DOW WI".ANTICIPATED THAT DOW COMMON STOCK WILL BEGIN "REGULAR-WAY" TRADING ON NYSE ON APRIL 2, 2019 UNDER SYMBOL "DOW.".BEGINNING ON MARCH 20, 2019 AND CONTINUING THROUGH APRIL 1, 2019, EXPECTED THAT THERE WILL BE 2 MARKETS IN DOWDUPONT COMMON STOCK ON NYSE.EXPECTED THAT THERE WILL BE A "REGULAR-WAY" MARKET UNDER SYMBOL "DWDP" IN DOWDUPONT COMMON STOCK ON NYSE.EXPECTED THAT THERE WILL BE AN "EX DISTRIBUTION MARKET" UNDER SYMBOL "DWDP WI" IN DOWDUPONT COMMON STOCK ON NYSE.  Full Article

Corteva Agriscience, Agriculture Division Of Dowdupont, Provides Pipeline Update
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - DowDuPont Inc ::CORTEVA AGRISCIENCE™, AGRICULTURE DIVISION OF DOWDUPONT, PROVIDES PIPELINE UPDATE.CORTEVA AGRISCIENCE™, AGRICULTURE DIVISION OF DOWDUPONT, PROVIDES PIPELINE UPDATE.CORTEVA AGRISCIENCE - REAFFIRMED PRIORITIES SHARED DURING ITS NOVEMBER INVESTOR DAY.  Full Article

Dow Outlines Investment Thesis And Capital Allocation Priorities During Meeting With Sell-Side Analysts
Monday, 25 Feb 2019 

Feb 25 (Reuters) - DowDuPont Inc ::DOW OUTLINES INVESTMENT THESIS AND CAPITAL ALLOCATION PRIORITIES DURING MEETING WITH SELL-SIDE ANALYSTS.DOW- INTENDS TO ISSUE ANNUAL DIVIDEND PAYOUT OF $2.1B AND LAUNCH $3B OPEN SHARE REPURCHASE PROGRAM AFTER SEPARATION.DOW - CONFIRMS NEAR-TERM CAPEX EXPENDITURES AT OR BELOW DEPRECIATION AND AMORTIZATION - IN RANGE OF $2.5 BILLION - $2.8 BILLION - FOR AT LEAST NEXT 3 YEARS.DOW- REITERATES COMMITMENT TO DELIVER COST SYNERGY SAVINGS AND STRANDED COST REMOVAL - APPROXIMATELY $800 MILLION REMAINING TO DELIVER.DOW - NEW DOW IS EXPECTED TO SEPARATE FROM DOWDUPONT AS AN INDEPENDENT, PUBLICLY TRADED COMPANY ON APRIL 1, 2019.DOW- GOALS OF NEW DOW HAS PROGRESS IS MAKING TOWARD ITS TARGETED CAPITAL STRUCTURE, WITH A TARGET ADJUSTED GROSS DEBT TO EBITDA RATIO OF 2.5X - 3.0X.  Full Article

Dupont Sees 2019 Safety & Construction Net Sales Down 2-3 Pct On A Reported Basis - Presentation
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - DowDuPont Inc ::DUPONT- MODEST DECELERATION IN GLOBAL ECONOMY, DESTOCKING IN SELECT END MARKETS THAT BEGAN LATE Q4 EXPECTED TO CONTINUE INTO H1 2019 - PRESENTATION.DUPONT - ANTICIPATE TOP-LINE CURRENCY HEADWIND OF ABOUT $200-$250 MILLION PRIMARILY DRIVEN BY THE EUR AND CNY IN 2019.DUPONT SEES NEGATIVE PORTFOLIO IMPACT ON NET SALES FROM ANNOUNCED DIVESTMENTS IN 2019.DUPONT SAYS FORECASTED 2019 ORGANIC REVENUE GROWTH OF ABOUT 2-3% AND UNDERLYING ADJUSTED OPERATING EBITDA GROWTH OF ABOUT 3-5% - PRESENTATION.DUPONT - EXPECT RAW MATERIAL AND FREIGHT HEADWINDS OF ABOUT $200 MILLION IN 2019; PRIMARILY IN THE FIRST HALF AS HIGHER COSTS CARRY INTO 2019.DUPONT SEES 2019 LOWER EQUITY AFFILIATE INCOME DUE TO LOWER CUSTOMER SETTLEMENTS AS COMPARED TO THE PRIOR YEAR FROM OUR HEMLOCK JOINT VENTURE.DUPONT- SEES 2019 NET SALES OF $22.4 BILLION - $22.6 BILLION.DUPONT - ESTIMATED ADJUSTED OPERATING EBITDA FOR 2019 $6.3 BILLION TO $6.4 BILLION.DUPONT- SEES 2019 CAPEX OF 4-5% OF NET SALES (ABOUT $1 BILLION).DUPONT- 2019 NET SALES GROWTH GUIDANCE FOR SPECIALTY PRODUCTS DIVISION OF DWDP ABOUT FLAT, AS REPORTED.DUPONT- SEES 2019 ORGANIC NET SALES GROWTH FOR SPECIALTY PRODUCTS DIVISION OF DWDP UP 2-3%, EXCLUDES PORTFOLIO OF ABOUT -2%, CURRENCY OF ABOUT -1%.DUPONT- AS A STAND-ALONE CO, ANTICIPATE ABOUT $2 BILLION EXCESS CASH ANNUALLY TO FUND STRATEGIC M&A OR ADDITIONAL SHAREHOLDER REMUNERATION.  Full Article

DowDuPont Inc - Specialty Products Division Of DowDuPont Is Expected To Transition To An Independent Company On June 1, 2019
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - DowDuPont Inc ::DOWDUPONT INC - DUPONT PROJECTS ITS DIVIDENDS WILL BE 30 TO 40 PERCENT OF NET INCOME, OR AN ESTIMATE OF APPROXIMATELY $900 MILLION ANNUALLY..DOWDUPONT INC - SPECIALTY PRODUCTS DIVISION OF DOWDUPONT IS EXPECTED TO TRANSITION TO AN INDEPENDENT COMPANY ON JUNE 1, 2019.DOWDUPONT INC - FOLLOWING DUPONT'S TRANSITION TO NEW DUPONT, ANTICIPATE NEW BOARD WILL IMPLEMENT A SHARE REPURCHASE AUTHORIZATION.  Full Article

Agriculture Division Of DowDuPont Expects Total FY 2019 Reported Sales To Be About Flat With Prior Year
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - DowDuPont Inc ::CORTEVA AGRISCIENCE, AGRICULTURE DIVISION OF DOWDUPONT, HOSTS MEETING WITH SELL-SIDE ANALYSTS, OFFERS 2019 GUIDANCE.FOR FULL YEAR 2019, AGRICULTURE DIVISION OF DOWDUPONT EXPECTS OPERATING EBITDA IS EXPECTED TO BE APPROXIMATELY $2.8 BILLION.FOR FY 2019, AGRICULTURE DIVISION OF CO EXPECTS TOTAL REPORTED SALES TO BE ABOUT FLAT WITH PRIOR YEAR, UP 1 TO 2 PERCENT ORGANICALLY.CORTEVA AGRISCIENCE SEES 2019 CAPITAL EXPENDITURES OF ABOUT $650 MILLION.SALES GUIDANCE FOR FY 2019 FOR CORTEVA AGRISCIENCE ASSUMES FLAT TO 1 PERCENT GROWTH IN SEED SALES FOR INDUSTRY GLOBALLY.BEYOND 2019, IN MID-TERM, CORTEVA IS TARGETING NET SALES GROWTH OF 3 TO 5 PERCENT ANNUALLY.CORTEVA AGRISCIENCE ASSUMES A SHIFT IN U.S. PLANTED AREA FROM SOYBEANS TO SPRING WHEAT, CORN AND COTTON.BEYOND 2019, IN MID-TERM, CORTEVA IS TARGETING AGRICULTURE DIVISION OPERATING EBITDA BENEFITS FROM TOP-LINE GROWTH AT TWO TIMES SALES GROWTH.CORTEVA, AS A STANDALONE COMPANY, ALSO PROJECTS ITS DIVIDENDS WILL BE 25 TO 35 PERCENT OF NET INCOME.CORTEVA AGRISCIENCE'S SALES GUIDANCE FOR FY 2019 ASSUMES 2 TO 3 PERCENT RISE IN CROP PROTECTION SALES FOR INDUSTRY, EXCLUDING CURRENCY IMPACT.CORTEVA AGRISCIENCE'S SALES GUIDANCE FOR FY 2019 ASSUMES STABILIZATION OF COMMODITY PRICES, AS CROP INVENTORIES BEGIN TO COME DOWN.IMMEDIATELY FOLLOWING SPIN, ANTICIPATE CORTEVA'S NEW BOARD WILL IMPLEMENT A SHARE REPURCHASE AUTHORIZATION.  Full Article

DowDuPont to separate material science unit on April 1

Chemicals producer DowDuPont Inc said on Friday it would separate its material science unit, to be named "Dow," on April 1, the first split in its planned break-up into three companies.