ADM 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 $1B of ADM‘s common stock.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ADM:
- Archer Daniels Midland (NYSE:ADM) Rises despite Overstated Profits
- Options Volatility and Implied Earnings Moves Today, March 12, 2024
- Notable companies reporting before tomorrow’s open
- Options Volatility and Implied Earnings Moves This Week, March 11 – March 15, 2024
- Archer Daniels call volume above normal and directionally bullish
