Bunge Limited (BG) Converts All Preferred Shares into Common Stock
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Bunge Announces All of its Preferred Shares to Convert Into Common Shares
March 18, 2022 5:00 PM EDTST. LOUIS--(BUSINESS WIRE)-- Bunge Limited (NYSE: BG) announced today that all issued and outstanding shares of its 4.875% cumulative convertible perpetual preference shares (CUSIP G16962204) will automatically convert into common shares of the Company, par value US$0.01 per share. The conversion reflects Bunges strong share price performance in recent months, increases the common shares public float, and as a result simplifies and strengthens the companys capital structure. The conversion process will be completed on March 23, 2022. No action by holders of preferred shares is required.
In accordance with the certificate of designation... More
