Bunge Global (BG) said late Friday it was expanding its existing stock buyback program, authorizing the repurchase of an additional $500 million of its outstanding shares, on top of the approximately $800 million remaining under the current authorization as of Sept. 30.
The expanded buyback program has no expiration and will continue as long as there are available funds or until the board of directors at the grain company decides to end its share repurchases.
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