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Bunge boosts long‑term profit outlook, announces $3 bln share repurchase plan (updated)

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March 10 (Reuters) - Agribusiness company Bunge BG.N said on Tuesday it expects earnings to increase to at least $15 per share by 2030 and announced a new $3 billion share repurchase program.

Shares of the company were up 2.3% at $121.50 in premarket trading.

The company also set a mid-cycle earnings baseline of about $13 per share and pledged to return at least 50% of discretionary cash flow to shareholders through dividends and buybacks.

Last month, the company forecast 2026 adjusted earnings per share of $7.50 to $8.00.

 (Reporting by Sumit Saha in Bengaluru; Editing by Shinjini Ganguli)

 ((Sumit.Saha@thomsonreuters.com;))

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