Bunge Global SA has been making significant moves recently in the industry, both strategically and financially. They extended a $1.95B
Viterra Note Exchange Offer with a strong 99% participation rate. They also announced the pricing of a
$2.0 Billion Senior Notes Offering. Despite recent losses, Bunge's stock outperformed competitors. The company also expanded its existing
share repurchase program. Bunge Global (BG) is highly favored by institutional owners as they hold a very high percentage (89%) of its shares. The company is set to announce its Q3 earnings in 2024 but has recently seen a dip in the stock market causing some to question the future of BG stocks, yet their fundamentals remain strong. Regardless of dips in market performance, over the last five years, Bunge Global shareholders have seen a 73% increase. Bunge has completed its sale of its Ownership Share in
BP Bunge Bioenergia Joint Venture in Brazil and achieved historic 100% Soy Supply Chain traceability in Brazil's Cerrado. However, setbacks have occurred including a court ruling preventing the rescue of Argentina Soy Exporter Vicentin and the stock hitting a 52-week low at $77.52 amid market challenges.
Bunge Global Sa BG News Analytics from Fri, 13 Mar 2020 07:00:00 GMT to Thu, 02 Jan 2025 06:12:31 GMT -
Rating -1
- Innovation 3
- Information 5
- Rumor 5
