Dupont: share repurchase program with Q3 results
(CercleFinance.com) - On its quarterly earnings call, DuPont announced that its board of directors has approved a new five billion dollar share buyback program, with accelerated buybacks for 3.
25 billion dollars to be executed imminently.
For its Q3, the chemicals group reported adjusted EPS of $0.82, up 4% y-o-y, and an operating EBITDA margin that improved by 30 bp to 25.8%.
At 3.32 billion dollars, DuPont's sales rose 4%, including organic growth of 11%, which in turn was made up of 8% price growth and 3% volume growth.
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