FMC Corporation - FMC STOCK NEWS

FMC Corporation reported strong fourth quarter 2021 results with revenue of $1.41 billion, a 23% increase year-over-year. The company posted a net income of $187 million, up 296% from Q4 2020. Full-year revenue was $5.05 billion, reflecting 9% growth. Adjusted earnings per diluted share reached $2.16, a 52% increase compared to last year. For 2022, FMC forecasts revenue between $5.25 and $5.55 billion, and plans to repurchase up to $600 million in shares. The outlook includes strong market demand and pricing but indicates potential challenges from elevated input costs.

FMC Corporation (NYSE: FMC) has scheduled its 2022 Annual Meeting of Stockholders for April 28, 2022, at 2:00 p.m. ET, which will be conducted via live webcast. Shareholders can access meeting details through the company's Investor Relations website. FMC is committed to addressing challenges in food production through innovative agricultural solutions, focusing on sustainability and environmental protection. The company is guided by principles that prioritize the interests of growers and the environment, with a dedicated workforce and ongoing research in crop protection.

FMC Corporation (NYSE: FMC) will release its fourth quarter 2021 earnings on February 8, 2022, after market close. The earnings will be disclosed via PR Newswire and FMC's website. A conference call will be held on February 9, 2022, at 9:00 a.m. ET, accessible to the public through an internet broadcast and telephone. A replay of the call will be available until March 2, 2022. FMC is focused on agriculture, offering innovative crop protection solutions to meet the challenges of a growing population.

FMC Corporation (NYSE: FMC) has appointed Diane Allemang, Ronaldo Pereira, and Dr. Kathleen Shelton as executive officers and vice presidents. These promotions aim to strengthen FMC's leadership team following its 2018 transformation into a focused agricultural sciences company. Allemang brings expertise in global strategic marketing and product development, Pereira oversees significant business regions accounting for over 50% of revenue, while Dr. Shelton leads R&D efforts with a large team of scientists. These appointments reflect FMC's commitment to long-term growth and innovation.

FMC Corporation (NYSE: FMC) announced a quarterly dividend of 53 cents per share, marking a 10% increase. The dividend is payable on January 20, 2022, to shareholders of record by December 31, 2021. This is FMC's fourth consecutive year of dividend growth, reinforcing its commitment to increasing dividends at or above earnings growth. FMC focuses on innovative agricultural solutions to enhance food production while addressing environmental challenges.

FMC Corporation (NYSE: FMC) has signed multi-year agreements with Corteva Agriscience to provide Rynaxypyr® and Cyazypyr® actives for seed treatment products. This collaboration aims to enhance crop protection against insect pests, positively impacting yield and quality. Since acquiring these actives in late 2017, FMC has significantly expanded their usage, with registrations in over 120 countries. The agreements underscore FMC's commitment to supplying advanced crop protection solutions, aligning with its diamide growth strategy.

FMC Corporation (NYSE: FMC) has joined key global initiatives, including the Agricultural Innovation Mission for Climate (AIM4C) and the SPG Coalition, to promote sustainable agriculture and address food security challenges. As a founding member, FMC aims to leverage its expertise in crop protection and innovation to contribute to environmental conservation and productivity growth. FMC’s commitment involves significant investments in R&D and precision technologies to enhance farmers' efficiency while tackling pressing issues like climate change and resource depletion.