SplitMay 26, 2026, 04:23 PM
DuPont Board Approves 1-for-3 Reverse Stock Split; Reaffirms 2026 Guidance
AI Summary
DuPont de Nemours, Inc. announced that its Board of Directors approved a 1-for-3 reverse stock split, effective June 24, 2026, following stockholder approval at the Annual Meeting. The company also reaffirmed its second quarter and full year 2026 financial guidance, presenting per share metrics on a split-adjusted basis. At the Annual Meeting, stockholders elected 10 directors, approved executive compensation, and ratified PricewaterhouseCoopers LLP as the independent auditor for 2026.
Key Highlights
- Board approved a 1-for-3 reverse stock split, effective June 24, 2026.
- Authorized common shares reduced from 1,666,666,667 to 555,555,556.
- Outstanding shares to reduce from approx. 405M to 135M post-split.
- Reaffirmed Q2 2026 Adjusted EPS guidance at ~$1.75 (split-adjusted).
- Reaffirmed Full Year 2026 Adjusted EPS guidance at $7.02 - $7.16 (split-adjusted).
- Stockholders elected 10 director nominees to the Board.
- Stockholders approved executive compensation by advisory vote.
- Stockholders ratified PricewaterhouseCoopers LLP as independent auditor for 2026.
Price Impact
More from DD