Bunge LimitedNYSE: BG

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) announced today that its Board of Directors has approved the buyback of an extra $500 million of its shares on November 13, 2024. This decision is part of a previous share repurchase program that was approved on June 13, 2023. Additionally, there is still around $800 million available for share buybacks under the current program.

Bunge Global SA (NYSE:BG) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 8:00 AM ET. The call will feature company leaders including Greg Heckman, the CEO, and John Neppl, the CFO. Participants from various financial institutions will also be present, but only the company representatives will speak during the call.

The financial results for Bunge Global (BG) provide an overview of the company's performance for the quarter that ended in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) has announced that its fully-owned subsidiary, Bunge Limited Finance Corp. (BLFC), has extended the deadline for its previously announced offers to exchange all outstanding 2.000% Notes due 2026, 4.900% Notes due 2027, and 3.200% Notes due 2031. These offers are referred to as the "Exchange Offers."

I suggest a gradual buying strategy for Bunge Global SA shares, particularly when prices are low, because of the company's solid fundamentals and good dividend yield. Since mid-May 2024, BG shares have dropped 14.8%, approaching the lower end of their $80-$120 range, with earnings reports due at the end of October. While lower prices for grain, oilseed, and ethanol have affected BG's earnings, increased sugar and soybean crush spreads provide some support.

The short-term forecast for the Zacks Agriculture - Products sector is unclear because of low prices for commodities and high expenses. Investors should keep an eye on BG, WFG, HYFM, and RKDA, as they are managing to withstand the challenges in the industry.

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) has announced that it has finalized the sale of its 50% stake in BP Bunge Bioenergia to bp, which now fully owns the company. Bunge's mission is to link farmers with consumers to provide vital food, feed, and fuel worldwide. With over 200 years of experience and strong global connections, Bunge aims to enhance food security and promote sustainability.

The S&P 500 is doing well, but this makes it hard to find good deals on stocks. Many companies have high price-to-earnings ratios, which makes it tough for value investors. However, I've identified three undervalued stocks that offer dividends, growth potential, and a chance for their prices to rise significantly, all while being at least 40% undervalued.

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) has announced that its finance subsidiary, Bunge Limited Finance Corp., has successfully priced a public offering of $2.0 billion in total principal amount. This offering includes three types of senior unsecured notes, which are: $400 million of 4.100% Senior Notes maturing in 2028 and $800 million of 4.200% Senior Notes due in 20.