DowDuPont assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. DowDuPont Announces Plans for Reverse Stock Split Company's Action Intended to Increase the Market Price of Its Common Stock in Connection with the … A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of DowDuPont’s 2018 Annual Report on Form 10-K. © 2020 DuPont. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. du Pont de Nemours & Company (DuPont). DowDuPont’s Board has set May 1, 2019 as the record date for stockholders entitled to vote at the special meeting. The plan … DowDuPont was formed in August 2017 by the $130 billion mega-merger of Dow Chemical Company and E.I. The DowDuPont merger, completed 31 August, is expected to be followed by a separation into three independent companies within 18 months. DuPont and Corteva will split June 1, two months after separating from the "new" Dow Chemical Co., Midland, Mich., under a plan designed to boost payments to shareholders while legally avoiding federal income taxes on business sales. From a mathematical standpoint, the March spinoff of Dow has been a net positive for DowDuPont investors. DowDuPont expects the breakup to occur in 2019. If stockholders approve the reverse stock split, the Board of Directors will select a reverse stock split ratio of not less than 2-for-5 and not greater than 1-for-3, with an exact ratio as may be determined by the Board of Directors at a later date so that, depending on the ratio chosen, stockholders’ shares of issued and outstanding common stock will be converted at a ratio between (i) two shares of issued and outstanding common stock for every five shares of common stock owned and (ii) one share of issued and outstanding common stock for every three shares of common stock owned. MIDLAND, Mich.Today Dow successfully completed its separation from DowDuPont, becoming a more focused, streamlined, and leading materials science company. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on DowDuPont’s or Corteva, Inc.’s consolidated financial condition, results of operations, credit rating or liquidity. DowDuPont amends split plan ... Less than a week after it was formed, DowDuPont is making deep revisions to its plan to split into three separate companies within the next year and a half. For example, most of the USW Local 12075 membership at the Midland, Mich., site will be spun Dow Chemical and DuPont Set Merger and Plans to Split. DowDuPont () - Get Report said Friday its board approved the separation of DowDuPont's materials science division, which will become the new Dow, an independent, publicly traded company, on April 1. DowDuPont encourages stockholders to read the proxy statement and other material relating to the special meeting, as it contains important information. As such, if the reverse stock split is completed, then stockholders will receive one (1) new share of DowDuPont common stock for every three (3) shares of DowDuPont common stock held on June 1, … The Company plans to hold a Special Meeting of Stockholders, at which stockholders are being asked to vote on a proposal to adopt and approve the reverse stock split, at 9:00 am local time, on May 23, 2019, at 974 Centre Road, Chestnut Run Plaza, Building 730 in Wilmington, Delaware. Early results have been ... and Corteva, which sells pesticides and genetically-modified (GMO) crop seeds. Jack Kaskey. DowDuPont will file a preliminary proxy statement related to the special meeting later today. Forward-looking statements, including those related to DowDuPont’s ability to complete, or to make any filing or take any other action required to be taken to complete, the Corteva Distribution, are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Stockholders may obtain a free copy of the proxy statement and other documents that the company files with the SEC at the SEC’s website at, , or from the company by directing a request to DowDuPont Inc., 974 Centre Road, Wilmington, Delaware 19805, Attention: Investor Relations, or at, Military, Law Enforcement & Emergency Response. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on DowDuPont’s or Corteva, Inc.’s consolidated financial condition, results of operations, credit rating or liquidity. DowDuPont was formed in August 2017 by the $130 billion mega-merger of Dow Chemical Company and E.I. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. du Pont de Nemours -- is now history.In its place are new spinoffs Dow (NYSE: DOW), DuPont de Nemours (NYSE: DD), and Corteva (NYSE: CTVA).. At the time of the split, DowDuPont shares were trading at just under $37 per share, while the new Dow shares opened at $49.80 per share. Existing shareholders received one share of Dow for every three shares they held of DowDuPont. +1-866-644-4129 (Toll-free; US + Canada only) DowDuPont (DWDP) announced a finalized spin-off plan after a review by consulting firm McKinsey. The reverse stock split is intended to increase the market price of DowDuPont’s common stock in connection with the Company’s intended distribution of all of the shares of common stock of its wholly owned subsidiary, Corteva Inc., which holds the Company’s Agriculture Business, to the holders of the Company’s common stock on a pro rata basis (the “Corteva Distribution”). But even though two of the three companies share the names -- and ticker symbols -- of their … On the other hand, DowD… WILMINGTON, Del., April 3, 2019 – DowDuPont Inc. (NYSE: DWDP) announced today that its Board of Directors has approved a reverse stock split of the Company’s common stock. Upon completion of the intended separation of Corteva Agriscence™, the companies will lead their respective industries by delivering differentiated products and solutions and science-based innovation to meet the needs of customers and help solve global challenges. +1 201-680-6578 (Toll; outside US + Canada) The DowDuPont merger, completed 31 August, is expected to be followed by a separation into three independent companies within 18 months. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target,” and similar expressions and variations or negatives of these words. +1 302-774-3034, media@dupont.com Upon completion of the intended separation of Corteva Agriscence™, the companies will lead their respective industries by delivering differentiated products and solutions and science-based innovation to meet the needs of customers and help solve global challenges. DowDuPont will shift businesses with $8 billion in annual revenue from its planned material science spinoff to the specialty products spinoff following a previously announced portfolio review. DowDuPont alters breakup plans September 12, 2017, 7:20 AM Under pressure from activist shareholders, the chemicals giant is changing its plan to split into three units just weeks after completing its $130 billion merger. These risks are and will be more fully discussed in DowDuPont’s current, quarterly and annual reports and other filings made with the U.S. Securities and Exchange Commission, in each case, as may be amended from time to time in future filings with the SEC. After the DowDuPont Split: An Investor’s Guide to the 3 New Companies The chemical industry heavyweight is gone, and DuPont and Dow are officially back -- but very different. DowDuPont encourages stockholders to read the proxy statement and other material relating to the special meeting, as it contains important information. Approximately $4 billion of net sales will shift from the Dow portfolio, evenly split between consumer solutions and infrastructure solutions. If approved, the Company expects to implement the reverse stock split effective immediately following the Corteva Distribution. Jumps in Trading Debut After Split From DowDuPont By . Cautionary Statement Regarding Forward Looking Statements. The reverse stock split is subject to stockholder approval. Less than a week after it was formed, DowDuPont is making deep revisions to its plan to split into three separate companies within the next year and a half. DowDuPont will still split into three companies – Materials Science, Specialty Products, and Agriculture. DowDuPont will shift businesses with $8 billion in annual revenue from its planned material science spinoff to the specialty products spinoff following a previously announced portfolio review. A new spinoff from DowDupont could mean fewer seed and pesticide options for farmers, who are already facing mounting challenges that include low commodity prices, poor weather conditions and a growing trade war. DowDuPont Revises Breakup Plan Opposed by Activist Investors. Stockholders may obtain a free copy of the proxy statement and other documents that the company files with the SEC at the SEC’s website at www.sec.gov, or from the company by directing a request to DowDuPont Inc., 974 Centre Road, Wilmington, Delaware 19805, Attention: Investor Relations, or at www.dow-dupont.com. DowDuPont Delays Split, Plans Share Buyback ... CEO Edward Breen said the split of the merged company into three units, for agriculture, materials and specialty products, is now scheduled to take place on August 19, half a year later than the latest timetable update foresaw. DowDuPont will shift businesses with $8 billion in annual revenue from its planned material science spinoff to the specialty products spinoff following a previously announced portfolio review. April 1- DowDuPont Inc said on Monday it had completed the spin-off of its materials science division as part of a plan to split the chemical producer into … Since then, DowDuPont shares have risen about 2.7%, but Dow shares have zoomed up 10.9%. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. 333-209869), as last amended on June 7, 2016, and declared effective … Two weeks after its formation, DowDuPont Inc. is altering its plan to splinter into three companies, a step that appears set to end the threat of a fight with as many as four activist investors. DowDuPont announced a finalized spin-off plan after a review by consulting firm McKinsey. Newly formed DowDuPont will have its material sciences division split off from the parent company Monday, April 1, becoming the new Dow Chemical Company. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies. For more information, please see each of DowDuPont’s, Dow’s and DuPont’s latest annual, quarterly and current reports on Forms 10-K, 10-Q and 8-K, as the case may be, and the joint proxy statement/prospectus included in the registration statement on Form S-4 filed by DowDuPont with the SEC on March 1, 2016 (File No. Even if the reverse stock split is approved by the Company’s stockholders, the Board of Directors may delay or abandon the reverse stock split at any time prior to the effective time of the reverse stock split if the Board of Directors determines that the reverse stock split is no longer in the best interests of the Company or its stockholders. Two weeks after its formation, DowDuPont Inc. is altering its plan to splinter into three companies, a step that appears set to end the threat of a fight with as many as four activist investors. Video. It generated $86 billion in sales in 2018, more than any other company on the planet. WILMINGTON, Del., April 3, 2019 – DowDuPont Inc. (NYSE: DWDP) announced today that its Board of Directors has approved a reverse stock split of the Company’s common stock. DowDuPont is the biggest chemical conglomerate in the world. The Company plans to hold a Special Meeting of Stockholders, at which stockholders are being asked to vote on a proposal to adopt and approve the reverse stock split, at 9:00 am local time, on May 23, 2019, at 974 Centre Road, Chestnut Run Plaza, Building 730 in Wilmington, Delaware. The Company expects to file and mail its definitive proxy material in due course. “While some unionized manufacturing locations will not experience change from the original de-merger plan, it will impact others greatly. Less than two years after its formation, DowDuPont -- the chemical giant formed by the merger of Dow Chemical and E.I. DowDuPont, formed through the ... As part of the revised plan, DowDuPont will split the old Dow Corning and distribute its lucrative silicone business among the materials and specialty companies. Sign up now to receive up-to-date info for press releases, events, end-of-day stock quote. ... and the hedge fund Third Point had urged in May that the company be split into six, rather than three, businesses. DowDuPont will still split into three companies – Materials Science, Specialty Products, and Agriculture. When to expect stock splits from DowDuPont. DowDuPont (NYSE: DWDP) is a holding company with the intent to form strong, independent, publicly traded companies in agriculture (Corteva Agriscence™) and specialty products (DuPont) sectors. If approved, the Company expects to implement the reverse stock split effective immediately following the Corteva Distribution. As part of the revised plan, DowDuPont will split the old Dow Corning and distribute its lucrative silicone business among the materials and specialty companies. Forward-looking statements also involve risks and uncertainties, many of which that are beyond DowDuPont’s control. DOWDUPONT has revised its plans to split into three divisions following its merger and will change which businesses end up in which company. Stockholders may obtain a free copy of the proxy statement and other documents that the company files with the SEC at the SEC’s website at www.sec.gov, or from the company by directing a request to DowDuPont Inc., 974 Centre Road, Wilmington, Delaware 19805, Attention: Investor Relations, or at www.dow-dupont.com. Jumps in Trading Debut After Split From DowDuPont By . The reverse stock split is subject to stockholder approval. 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