|Bid||27.02 x 900|
|Ask||0.00 x 1000|
|Day's Range||28.96 - 29.47|
|52 Week Range||24.35 - 32.78|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.52 (1.79%)|
|1y Target Est||32.83|
Today we'll look at Corteva, Inc. (NYSE:CTVA) and reflect on its potential as an investment. Specifically, we're going...
The chemical industry heavyweight is gone, and DuPont and Dow are officially back -- but very different. Here's how to keep track of the new companies.
Digital efforts and product innovation are likely to benefit Corteva's (CVTA) second-quarter 2019 results. Further, it will gain from momentum in the seeds market.
WILMINGTON, Del., June 26, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) announced today that Marcos Lutz, chief executive officer of Cosan Limited, has been elected to Corteva's Board of Directors, effective June 25, 2019. Greg Page, Non-Executive Chairman of Corteva and retired chairman and CEO of Cargill, Inc., said, "As we've built the Corteva Board, we've brought together a powerful team of experienced leaders with diverse expertise in strategic areas of focus. "The completion of our Board of Directors is a critical next step for Corteva.
WILMINGTON, Del., June 26, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) today announced the authorization of a $1 billion share repurchase program and first common stock dividend after its spinoff from DowDuPont – collectively reinforcing the Company's ongoing commitment to return value to shareholders. The Company's Board of Directors authorized a $1 billion share repurchase program. The program is expected to be completed in three years.
WILMINGTON, Del., June 25, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) (www.corteva.com), a global leader in seed and crop protection, has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation ("TRC") to purchase up to 5,000,000 shares, or approximately 0.67 percent, of the outstanding common stock of Corteva at a price of $26.00 per share in cash. TRC's offer price is approximately 4.45 percent less than the $27.21 closing price of Corteva's common stock on June 21, 2019, the day before the mini-tender offer commenced, and is approximately 7.18 percent less than the $28.01 closing price of Corteva's common stock on June 24, 2019. Corteva does not endorse TRC's mini-tender offer and recommends that Corteva stockholders do not tender their shares in response to the offer because it is a mini-tender offer at a price below the market price for Corteva shares (as of the date Corteva received notice of the offer) and is subject to numerous conditions.
JPMorgan initiated coverage on Corteva—the agricultural seed and chemical maker spun out of DowDuPont—with a Buy rating and $30 price target.
RBC Capital Markets updated its views on DuPont and Corteva after the completion of DowDuPont’s spinoff. The broker doesn’t like either stock right now.
Dan Barber, co-founder of Row 7 Seed Company and chef and co-owner of the Blue Hill and Blue Hill at Stone Barns restaurants, highlights how consolidation in the agriculture space, in which four companies control the seed market, will pose a problem for the future of food.
WILMINGTON, Del., June 3, 2019 /CNW/ -- Corteva, Inc. (NYSE: CTVA) successfully completed its separation from DowDuPont, becoming a leading, global pure-play agriculture company that offers the complete solutions farmers need to maximize yield and profitability. Corteva Agriscience launches today with global scale and a balanced offering across seed and crop protection, underpinned by expanding digital capabilities and powered by the broadest and most productive innovation pipeline in the industry.