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Bunge updates earnings target and announces $3 billion share buyback plan

March 10, 2026 8:03 AM

Bunge Global SA (NYSE: BG) announced updated financial targets and a new share repurchase program during its investor day presentation. The agribusiness company updated its mid-cycle earnings per share baseline to approximately $13 and projected growth to at least $15 by the end of 2030.

The company's board authorized a $3 billion share repurchase program as part of its capital allocation strategy. Bunge committed to returning a minimum of 50% of discretionary cash flow to shareholders through dividends and share repurchases across business cycles.

"This is an exciting moment in Bunge's history, powered by the momentum we have built over the last several years and the improved strength of our platform since closing the acquisition of Viterra," said CEO Greg Heckman in a statement.

The share buyback program allows for purchases under Rule 10b5-1 trading plans, which permit companies to repurchase shares during periods when they might otherwise be restricted by securities laws or internal trading policies. The timing and volume of repurchases will depend on market conditions and share price, and the program may be suspended or discontinued without notice.

Bunge operates as a global agribusiness company with approximately 34,000 employees across more than 50 countries. The company focuses on grain origination, storage, distribution, and oilseed processing. The presentation covered strategic priorities including commercial initiatives, the integration of the Viterra acquisition, and portfolio optimization goals.

The information was disclosed during the company's "Origins to Opportunities" investor day event held in New York, with presentations available via webcast through April 10, 2026.

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