Bunge Completes Move of Place of Incorporation to Switzerland, Declares Dividend

Rhea-AI Summary

Bunge completes move of its group holding company to Switzerland, becoming Bunge Global SA. The company remains listed on NYSE under ticker symbol 'BG'. Bunge declares a cash dividend of $0.6625 per common share.

Company name becomes Bunge Global SA

ST. LOUIS--(BUSINESS WIRE)-- Bunge (NYSE: BG) said today that it has completed the previously announced move of the place of incorporation of its group holding company to Switzerland from Bermuda. With the redomestication effective, Bunge's group holding company is now a Swiss corporation, Bunge Global SA. Bunge continues to be listed exclusively on the New York Stock Exchange under the ticker symbol “BG,” and Bunge Global SA will continue Bunge’s normal course of global business.

The company also announced that its Board of Directors has declared on October 31, 2023, a cash dividend of $0.6625 per common share. The dividend will be paid out of the Company’s capital contribution reserves and is payable on March 1, 2024, to shareholders of record on February 16, 2024.

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 the world’s 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 "Investors" 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/20231101426239/en/

Media Contact:

Bunge News Bureau

Bunge

+1-636-292-3022

news@bunge.com

Investor Contact:

Ruth Ann Wisener

Bunge Global SA

+1-636-292-3014

Ruthann.wisener@bunge.com

Source: Bunge Global SA

FAQ

What is the name of Bunge's group holding company after the move?

Bunge's group holding company is now called Bunge Global SA.

Where is Bunge listed after the move?

Bunge continues to be listed on the New York Stock Exchange (NYSE) under the ticker symbol 'BG'.

What is the dividend declared by Bunge?

Bunge has declared a cash dividend of $0.6625 per common share.

When will the dividend be paid and to whom?

The dividend will be paid on March 1, 2024, to shareholders of record on February 16, 2024.