Welcome to our dedicated page for Corteva news (Ticker: CTVA), a resource for investors and traders seeking the latest updates and insights on Corteva stock.
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company whose news flow reflects its focus on seed, crop protection, and digital products and services. Company announcements frequently highlight developments in agricultural technology, nature-inspired crop protection, biologicals, and strategic collaborations with partners across the agriculture, energy and biotechnology sectors.
Investors and industry followers can use this news stream to track Corteva’s progress on its stated strategy, including its planned separation into two independent public companies: a crop protection-focused business referred to as New Corteva and a seed-focused business referred to as SpinCo. News items also cover financial performance updates, such as quarterly earnings releases and guidance ranges, as well as capital allocation decisions like dividends and share repurchase programs mentioned in company communications.
Corteva’s releases often feature product and pipeline updates, including new biological and nature-inspired insect control solutions such as Goltrevo bioinsecticide and Varpelgo active, subject to regulatory approvals. They also describe joint ventures and partnerships, for example a multi-million-dollar joint venture with Hexagon Bio to accelerate nature-inspired crop protection discovery, and the Etlas joint venture with bp to develop crop-based biofuel feedstocks for sustainable aviation fuel and renewable diesel.
In addition, the company issues news about governance and leadership, including executive appointments and succession plans, as well as investor events like earnings webcasts and conference calls. This page aggregates such coverage so readers can follow Corteva’s operational updates, strategic initiatives, product announcements and financial disclosures through a single, symbol-focused news feed.
Corteva has signed a definitive agreement to acquire Stoller Group for $1.2 billion in cash. Stoller is a leading independent biologicals company with projected 2022 revenues exceeding $400 million and operations across 60+ countries. The acquisition is expected to enhance Corteva's biologicals strategy by providing scale and profitability, and is anticipated to be accretive to both Operating EBITDA and EPS in 2023. This marks Corteva's second biologicals acquisition this year, highlighting its commitment to innovative agricultural solutions.
Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) has appointed Gregory R. Friedman as an independent director, effective immediately. Mr. Friedman, with over 30 years of experience, will also serve on the Audit Committee and the Compensation and Human Resources Committee. He brings significant expertise from his role as CFO at Mura Technology and previously at Corteva Agriscience (NYSE: CTVA) and DuPont (NYSE: DD). This appointment enhances Schnitzer's board, now composed of nine members, and supports the company's strategic initiatives to meet growing demand for recycled products in a low-carbon economy.
Corteva, Inc. (NYSE: CTVA) announces that CEO Chuck Magro will speak at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference on November 9, 2022, at 10:15 a.m. Eastern Time. The remarks will be available via a live webcast, accessible through the Corteva Investor Relations website. A replay will be available for 90 days post-event. Corteva is dedicated to addressing agricultural challenges, providing innovative solutions, and enhancing productivity for farmers globally.
Corteva, Inc. (NYSE: CTVA) reported strong financial results for Q3 and year-to-date 2022, showcasing a 12% growth in net sales to $13.63B. Organic sales increased 16%, with crop protection net sales rising 22%. Despite this growth, the company faced a $322M loss from continuing operations and a 25% decline in income from continuing operations year-to-date. Corteva announced an agreement to acquire Symborg, enhancing its biological product portfolio. The company also increased its mid-point Operating EBITDA guidance to a range of $3.0B to $3.1B for the full year.
Corteva, Inc. (NYSE: CTVA) announced a common stock dividend of 15 cents per share, payable on December 15, 2022, to shareholders of record on November 14, 2022. This decision underscores Corteva's commitment to returning value to its shareholders while supporting growth in the agricultural sector. The company continues to focus on innovation and market leadership in agriculture.
Corteva, Inc. (NYSE: CTVA) will announce its third quarter 2022 earnings on November 3, 2022, after market close. A live webcast of the earnings conference call is scheduled for November 4, 2022, at 9:00 a.m. ET. The accompanying slide presentation will be available on its Investor Events and Presentations page. A replay of the webcast will be accessible until November 5, 2023. Corteva is a global agriculture company dedicated to innovative solutions for agricultural challenges.
Economist Impact has released the 2022 Global Food Security Index (GFSI), highlighting a decline in global food security due to challenges such as the COVID-19 pandemic, rising food costs, and extreme weather. The report shows a 4% drop in food quality and safety from 2019 to 2022. It emphasizes the need for long-term investments in agriculture, especially in R&D and infrastructure, to combat rising food prices and hunger. Corteva Agriscience supports the GFSI, underlining its commitment to innovation in agriculture to enhance food security.
Corteva, Inc. (NYSE: CTVA) showcased its innovative R&D pipeline aimed at enhancing productivity and sustainability in agriculture during its Investor Day on Sept. 14, 2022. The company emphasized its commitment to addressing global challenges such as food security and climate change. Key innovations include reduced stature corn, advanced seed breeding techniques, and new crop protection products like Inatreq™, all focused on improving yield and profitability for farmers. Corteva's approach incorporates sustainable practices, reinforcing its long-term growth potential and value creation for farmers and shareholders alike.
Corteva, Inc. (NYSE: CTVA) has authorized a new $2 billion share repurchase program, effective immediately and without expiration. This addition comes on top of the existing $1.5 billion program, which had $650 million remaining as of June 30, 2022. The company plans to repurchase shares in open-market or private transactions, contingent on market conditions. CEO Chuck Magro emphasized the Board's confidence in Corteva's future and its commitment to returning capital to shareholders, alongside a recent dividend increase that symbolizes a robust financial foundation.
Corteva Agriscience (NYSE: CTVA) is set to hold its Investor Day on September 13, 2022, from 9:00 a.m. to 12 p.m. EDT. CEO Chuck Magro and senior leaders will discuss the company’s strategy, technology pipeline, and financial framework. Key executives include Dave Anderson, Sam Eathington, Tim Glenn, and Robert King. The event will be webcast, with registration available on the Corteva Investor Day webpage. A replay will also be accessible afterward, highlighting Corteva's commitment to agricultural innovation and solutions.
FAQ
What is the current stock price of Corteva (CTVA)?
What is the market cap of Corteva (CTVA)?
