Bunge gains after boosting long-term profit outlook

Bunge Global SA

10/03/2026 12:38

** Shares of agribusiness company Bunge BG.N up ~6% at $125.60 premarket

** Co expects earnings to increase to at least $15 per share by 2030 and announces a new $3 billion share repurchase program

** Also sets a mid-cycle earnings baseline of about $13 per share

** Pledges to return at least 50% of discretionary cash flow to shareholders through dividends and buybacks

** As of last close, BG up 33.3% YTD

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))