Bunge Announces Approval of Quarterly Dividends by Shareholders at 2024 Annual General Meeting

Rhea-AI Summary

Shareholders of Bunge Global SA (NYSE: BG) approved a quarterly cash dividend of $2.72 per share at the 2024 Annual General Meeting in Switzerland. The dividend will be distributed in four equal installments of $0.68 each, with payment dates on June 3, 2024, September 2, 2024, December 2, 2024, and March 4, 2025. The record dates for these payments are May 20, 2024, August 19, 2024, November 18, 2024, and February 18, 2025, respectively.

Positive

• Shareholders approved a quarterly cash dividend of $2.72 per share.
• The dividend will be paid in four equal installments of $0.68 each.
• The approval reflects shareholder confidence in the company's financial health.

Negative

• No immediate increase in dividend payout compared to previous periods.
• The dividend approval does not address potential future financial risks or market volatility.

ST. LOUIS--(BUSINESS WIRE)-- Shareholders of Bunge Global SA (NYSE: BG) approved a cash dividend in the amount of $2.72 per share, payable in four equal installments of $0.68, at the company’s 2024 Annual General Meeting held in Switzerland today. The dividends will be paid as indicated below:

Bunge Quarter, Fiscal Year		Payment Date		Record Date		Amount
2nd Quarter, Fiscal Year 2024		June 3, 2024		May 20, 2024		$0.68
3rd Quarter, Fiscal Year 2024		September 2, 2024		August 19, 2024		$0.68
4th Quarter, Fiscal Year 2024		December 2, 2024		November 18, 2024		$0.68
1st Quarter, Fiscal Year 2025		March 4, 2025		February 18, 2025		$0.68

About Bunge

At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to strengthen global food security, increase sustainability where we operate, and help communities prosper. As a world leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to develop tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. We have approximately 23,000 dedicated employees working across approximately 300 facilities located in more than 40 countries.

Website Information

We routinely post important information for investors on our website, www.bunge.com, in the "Investor Center" section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515500836/en/

Media Contact:

Bunge News Bureau

Bunge

636-292-3022

news@bunge.com

Investor Contact:

Ruth Ann Wisener

Bunge

636-292-3014

Ruthann.wisener@bunge.com

Source: Bunge Global SA

FAQ

What dividend amount did Bunge shareholders approve for 2024?

Bunge shareholders approved a cash dividend of $2.72 per share for 2024.

When will Bunge pay the approved dividends?

Bunge will pay the approved dividends on June 3, 2024, September 2, 2024, December 2, 2024, and March 4, 2025.

What are the record dates for Bunge's 2024 dividends?

The record dates for Bunge's 2024 dividends are May 20, 2024, August 19, 2024, November 18, 2024, and February 18, 2025.

How much will each dividend installment be for Bunge's 2024 dividends?

Each dividend installment for Bunge's 2024 dividends will be $0.68 per share.