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DuPont Issues Q1, FY22 Outlook; Lifts Dividend; To Buy Back $1 Bln Shares

While reporting fourth-quarter results, chemical company DuPont De Nemours & Co. (DD) on Tuesday issued outlook for first quarter as well as fiscal 2022. The company also announced higher dividend and Board approval of new $1.0 billion share buyback program.

For the first quarter of 2022, the company expects adjusted earnings per share in the range of $0.94 to $1.00 per share, operating EBITDA between $940 and $980 million, and net sales between $4.2 and $4.3 billion.

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by RTTNews Staff Writer

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