Monsanto Company Announces $1 Billion Share Repurchase Program, Declares Dividend

10.06.2010 09:59 "Agro Perspectiva" (Kyiv) — Reaffirming its continuing effort to deliver value to shareowners, Monsanto Company (NYSE: MON) announced today that its Board of Directors has approved a new three-year share repurchase program and declared a quarterly dividend. Monsanto’s board authorized a new three-year share repurchase program, effective July 1, 2010, for up to $1 billion of the company’s common stock. The Board of Directors also declared a quarterly dividend of 26.5 cents per share on its common stock. The dividend relates to the company’s third quarter of its 2010 fiscal year and is payable on July 30, 2010 to shareowners of record on July 9, 2010. Monsanto executives have said the company is positioned for earnings growth in the mid-teen percentages beyond the current fiscal year. The company also has said it is working on a revitalized product strategy to bring more choices to farmer customers, offering them the premium opportunity the company’s products create. Monsanto recently announced it expected to complete its existing $800 million share repurchase program by the end of its fiscal year, more than a full year ahead of plan. That program began in December 2008, following the completion of a previous $800 million share repurchase program. Monsanto will release its third-quarter earnings on June 30.

22.11.2024
	10:15	South Africa Sugar Production and Exports Estimated Down
19.11.2024
	23:04	Global Olive Oil Production Forecast to Rebound in 2024/25
	22:47	Vitalii Koval discusses Ukraine's European integration with European colleagues
	16:06	EBRD, European Union and United States help Kyiv prepare for winter
18.11.2024
	09:21	Agriculture Development Strategy 2030 – a roadmap to the EU
	09:19	Ukrainian farmers have sown 96% of projected winter crop area
01.11.2024
	20:31	Ukraine has officially joined the International Fund for Agricultural Development
	20:29	Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds
25.10.2024
	22:50	Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses
	21:04	Ministry of Agrarian Policy expects exports to rise in dollar terms
	10:57	Ukrainian corn seed flows to Europe in further farm trade shift
24.10.2024
	23:02	Tree Nut Import Markets Highly Concentrated
23.10.2024
	11:18	Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea
15.10.2024
	09:35	Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025
11.10.2024
	23:33	China Cottonseed Imports Show Strong Demand in Recent Years
	20:30	India Removes Rice Export Ban, Spurring Additional Trade
30.09.2024
	17:27	List of agricultural machinery with cost compensation expanded to 11,300 items
29.09.2024
	20:21	1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa
	17:13	EU agri-food surplus increased in the first half of 2024
27.09.2024
	09:02	BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture
26.09.2024
	10:25	BASF sets new direction with corporate strategy and maintains high level of shareholder distributions
21.09.2024
	18:30	Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS)
17.09.2024
	09:52	Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America
	08:44	FAO calls for G20 cooperation as hunger targets continue to elude
	06:40	FAO sees open trade as a cornerstone of global food security
13.09.2024
	07:08	U.S. Soybean Meal Hits 10‐Year High for Export Sales
12.09.2024
	21:26	U.S. Corn Exports Buoyed by Large Supplies
11.09.2024
	04:30	Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract
06.09.2024
	11:35	FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices
	10:34	Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers
05.09.2024
	09:23	PM: Plan to develop small generation facilities to reduce vulnerability to terrorism
30.08.2024
	05:03	Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy
19.08.2024
	12:00	OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES
16.08.2024
	17:10	Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields
12.08.2024
	20:04	Ukraine Soybean Exports Forecast at Record in 2024/25
	19:48	Domestic Demand and Trade Restrictions Reduce India Grain Exports
11.08.2024
	09:15	USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine
09.08.2024
	17:41	USAID Announces $3.9 billion in Direct Budget Support to the Government of Ukraine
07.08.2024
	08:19	Turkey’s Mandarin Production and Exports to Rebound
26.07.2024
	09:28	Ongoing Economic Crisis in Argentina Impacts Dairy
15.07.2024
	10:28	Decline of China Pork Imports Continues in 2024
	08:20	Lower Prices Propel Mexico 2023/24 Soybean Meal Imports
13.07.2024
	10:15	China Imports of Major Feed Grains at Record for Oct-May period
12.07.2024
	01:08	Climate risks projected to affect fish biomass around the world's ocean, FAO report says
06.07.2024
	10:15	Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level
	10:01	FAO Food Price Index stable in June
03.07.2024
	12:31	World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million
	12:23	U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year
01.07.2024
	08:58	World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million
	08:39	World coffee production for 2024/25 is forecast to rebound 7.1 million bags