US EditionAGCO Announces New $1 Billion Share Repurchase Program
- AGCO has announced a new share repurchase program worth up to $1 billion of its common stock, following a resolution with Tractors and Farm Equipment Limited .
- The company's Board of Directors emphasized the importance of maintaining a disciplined capital allocation plan to enhance shareholder value.
- AGCO stated that repurchases can occur through open market transactions or privately negotiated deals, but it is not obligated to repurchase any shares.
- The company aims to preserve financial flexibility while executing its Farmer-First strategy and supporting its brand portfolio, which includes Fendt®, Massey Ferguson®, PTx, and Valtra®.
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AGCO (NYSE:AGCO) to Buyback $1.00 billion in Outstanding Shares
AGCO (NYSE:AGCO - Get Free Report) declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 9th, RTT News reports. The company plans to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to buy up to 12.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is un…
The Courier-Tribune
AGCO Announces New $1 Billion Share Repurchase Program
DULUTH, Ga., July 9, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its Board of Directors has authorized a new share repurchase program of…
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