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Bunge Global SA - BG STOCK NEWS

Welcome to our dedicated page for Bunge Global SA news (Ticker: BG), a resource for investors and traders seeking the latest updates and insights on Bunge Global SA stock.

Bunge Global SA (NYSE: BG) is a leading global agribusiness and food company, with a strong presence in over 40 countries and employing approximately 35,000 people. Founded in 1818 and headquartered in White Plains, New York, Bunge operates at every stage of the food production chain. The company specializes in buying, selling, storing, and transporting oilseeds and grains to meet the needs of customers worldwide.

Bunge processes oilseeds to produce protein meal for animal feed and edible oil products for both commercial customers and consumers. The company is also engaged in the production of sugar and ethanol from sugarcane, as well as milling wheat, corn, and rice to create ingredients for food companies. Additionally, Bunge is a significant seller of fertilizer in South America.

The company operates through several segments, including Agribusiness, Refined and Specialty Oils, Milling, Sugar and Bioenergy, and Corporate and Other. The Agribusiness segment generates the majority of Bunge's revenue and includes activities related to oilseed and grain processing. By leveraging its extensive global network and state-of-the-art facilities, Bunge ensures the efficient transportation and processing of agricultural commodities.

In recent developments, Bunge has partnered with ag-tech start-up WeedOut, Ltd., through its investment arm, Bunge Ventures. WeedOut specializes in developing green solutions to combat herbicide-resistant weeds, an issue posing a significant threat to agriculture and food security worldwide. This collaboration aims to enhance crop yields and reduce reliance on chemical herbicides.

With a commitment to sustainability and innovation, Bunge continues to play a crucial role in connecting farmers to consumers, delivering essential food, feed, and fuel to a growing global population.

Rhea-AI Summary
Bunge Limited (NYSE: BG) announced an extraordinary general meeting (EGM) of its shareholders on October 5, 2023, to vote on the redomestication to Switzerland and the acquisition of Viterra Limited. Shareholders of record as of August 3, 2023, are eligible. The Board of Directors recommends voting 'FOR' the proposals. The meeting will be held virtually, and details are available in the definitive proxy statement.
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Bunge Limited (NYSE: BG) reported Q2 2023 results with a GAAP diluted EPS of $4.09 vs. $1.34 in the prior year, driven by strong agribusiness execution and a strategy to combine with Viterra. Financial highlights include a net income of $622 million and an increased full-year adjusted EPS outlook to at least $11.75 per share.
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Bunge Limited (NYSE: BG) approves 6% increase in quarterly cash dividend to $0.6625 per share.
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FAQ

What is the current stock price of Bunge Global SA (BG)?

The current stock price of Bunge Global SA (BG) is $91.31 as of November 18, 2024.

What is the market cap of Bunge Global SA (BG)?

The market cap of Bunge Global SA (BG) is approximately 12.8B.

What does Bunge Global SA do?

Bunge Global SA is a leading global agribusiness and food company that buys, sells, stores, and transports oilseeds and grains. They also process oilseeds, produce sugar and ethanol, mill wheat, corn, and rice, and sell fertilizer.

Where is Bunge Global SA headquartered?

Bunge Global SA is headquartered in White Plains, New York.

What are the main segments of Bunge Global SA?

The main segments of Bunge Global SA include Agribusiness, Refined and Specialty Oils, Milling, Sugar and Bioenergy, and Corporate and Other.

How many countries does Bunge operate in?

Bunge operates in over 40 countries worldwide.

How many employees does Bunge have?

Bunge employs approximately 35,000 people globally.

What is Bunge's recent partnership with WeedOut about?

Bunge has partnered with WeedOut to develop green solutions to combat herbicide-resistant weeds, aiming to improve crop yields and reduce the use of chemical herbicides.

What types of products does Bunge mill?

Bunge mills wheat, corn, and rice to produce ingredients for food companies.

When was Bunge founded?

Bunge was founded in 1818.

What is the main revenue-generating segment for Bunge?

The Agribusiness segment is the main revenue-generating segment for Bunge.

Is Bunge involved in sustainable agricultural practices?

Yes, Bunge is committed to sustainability and innovation, partnering with companies like WeedOut to develop environmentally friendly solutions for agriculture.

Bunge Global SA

NYSE:BG

BG Rankings

BG Stock Data

12.78B
139.63M
0.91%
85.32%
1.96%
Farm Products
Fats & Oils
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United States of America
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