Corteva separated from Dow DuPont in a $22bn deal.

Corteva, a leading, global pure-play agriculture company that offers the complete solutions farmers need to maximize yield and profitability, separated from Dow DuPont in a $22bn deal. The distribution of Corteva common stock was completed on June 1, with each DowDuPont stockholder of record receiving 1 share of Corteva common stock for every 3 shares of DowDuPont common stock held as of the close of business on May 24, 2019. “As a new, independent agriculture company, we are intently focused on disciplined investment in innovation to deliver above market organic revenue growth and improve Return On Invested Capital. We are on schedule on our commitment to achieve $1.2bn in cost synergies by 2021, and we are confident in our plan to expand margins. Equally important, we are committed to returning significant capital to stockholders through a combination of dividends and share repurchases.” Greg Friedman, Executive Vice President and Chief Financial Officer of Corteva Agriscience.