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), a global leader in agriscience innovation, provides this centralized hub for investors and agricultural professionals to track essential company developments. Access verified press releases and news coverage spanning Corteva's seed technology advancements, crop protection solutions, and digital agriculture initiatives.
This resource delivers timely updates on earnings reports, product launches, sustainability efforts, and strategic partnerships. Users gain insights into operational milestones across Corteva's core business segments while maintaining compliance with financial disclosure standards.
Key content categories include regulatory filings, R&D breakthroughs, market expansion announcements, and executive leadership updates. All materials are curated to support informed decision-making without speculative commentary.
Bookmark this page for direct access to Corteva's official communications and third-party analysis of agricultural technology trends impacting the company's performance.
Corteva, Inc. (NYSE: CTVA) announced a deal with Starboard Value LP to appoint three new independent directors—David C. Everitt, Janet P. Giesselman, and Kerry J. Preete—effective immediately. Additionally, Karen H. Grimes will join the Board, with all terms expiring at the upcoming 2021 Annual Meeting on May 7, 2021. This expansion increases the Board size from 12 to 16 directors temporarily, before reducing to 13 post-meeting. Starboard will withdraw its prior director nominations and support the Board's full slate at the meeting, aiming to enhance Corteva's strategic direction and shareholder value.
Corteva (NYSE: CTVA) announces that CEO James C. Collins, Jr. and CTO Sam Eathington will speak at the Bank of America Merrill Lynch Global Agriculture and Materials Virtual Conference. The presentation is scheduled for 8:00 a.m. Eastern Time on March 3, 2021. A live webcast will be available, with a replay accessible until March 3, 2022. Interested parties can register through the Corteva Investor Relations website.
Corteva is a global agriculture company providing a comprehensive portfolio of seed, crop protection, and digital solutions aimed at enhancing farm productivity and profitability.
The Economist Intelligence Unit (EIU) released the ninth annual Global Food Security Index (GFSI), sponsored by Corteva (NYSE: CTVA), revealing a decline in global food security for the second consecutive year. The GFSI measures food security across 113 countries based on affordability, availability, quality and safety, and natural resources and resilience. The new methodology emphasizes climate-risk management’s role in food security. Notably, North America leads in food security, while Finland ranks first this year, with the U.S. at 11th. Corteva aims to enhance agricultural resilience amid climate challenges.
Corteva (NYSE: CTVA) announced that Gregory R. Friedman, Executive VP and CFO, will retire, continuing to serve until a successor is found. CEO James C. Collins praised Friedman's leadership in establishing a solid financial foundation. Friedman believes the timing is right post fourth-quarter earnings report, expressing confidence in Corteva's growth strategy and pipeline. The company is positioned for strong performance in 2021. Corteva, a global agriculture firm, focuses on enhancing productivity through a diverse portfolio of seeds, crop protection, and digital solutions.
Corteva reported its Q4 and FY 2020 financial results on February 3, 2021. For Q4, net sales reached $3.21 billion, reflecting an 8% increase year-over-year. EPS rose significantly to $0.13 from $0.03, and the loss from continuing operations decreased to $99 million. For FY 2020, net sales totaled $14.2 billion, up 3%, with EPS at $0.98, a 4,800% increase compared to 2019. Operating EPS and EBITDA also showed positive growth, highlighting the company's resilience amid economic challenges.
DuPont, Corteva, and Chemours have reached a binding agreement to settle disputes related to Chemours' 2015 spin-off. This includes a cost-sharing arrangement for PFAS liabilities and an escrow account totaling $1 billion over eight years. DuPont and Corteva will split costs up to $2 billion, with Chemours contributing additional funds. The companies will also resolve PFOA litigation in Ohio for $83 million, with contributions from each firm. The agreement aims to provide security for shareholders against future environmental claims.
Corteva (NYSE: CTVA) has received notice from Starboard Value about its intent to nominate individuals for election to the Board of Directors at the 2021 Annual Meeting of Stockholders. Corteva's leadership acknowledges Starboard's feedback but emphasizes a lack of specific operational recommendations. Corteva has seen an 80% total shareholder return since its spinoff and reported 6% organic net sales growth in Seed and 7% in Crop Protection in 2020. The company is focused on capital returns, having returned approximately $882 million to investors and anticipates completing its $1 billion share repurchase program early.
Corteva, Inc. (NYSE: CTVA) has announced a common stock dividend of 13 cents per share, set to be paid on March 15, 2021, to shareholders recorded by March 1, 2021. This decision reflects Corteva's commitment to returning value to its shareholders while emphasizing its ongoing growth strategy and robust financial health. The company continues to strengthen its market position as a leading agriculture entity, providing diverse solutions to enhance productivity and profitability for farmers globally.
Starboard Value LP, a major shareholder of Corteva (CTVA), has sent a letter to Chairman Gregory Page expressing its intent to influence the company's direction. Starboard plans to file a preliminary proxy statement to solicit votes for its slate of director nominees at Corteva's upcoming annual meeting. As of now, Starboard beneficially owns approximately 14.4 million shares in Corteva, aiming to unlock shareholder value through strategic engagement.
Corteva announced the appointment of Sam Eathington, Ph.D., as Senior Vice President and Chief Technology Officer effective January 1, 2021. Eathington joins from The Climate Corporation and has nearly two decades of experience in quantitative traits and molecular breeding at Monsanto. His leadership aims to advance agricultural innovation and sustainability while enhancing Corteva's product portfolio. Eathington replaces Neal Gutterson, who retired at the end of 2020. Corteva emphasizes its commitment to helping farmers thrive through a robust pipeline of innovative products.
