2 unchanged sentences
During 2024 and 2023, the Company paid quarterly dividends on its common stock of $0.38 and $0.36 per share, respectively.
−Removed: The DuPont Board of Directors on February 5, 2024, declared a first quarter 2024 dividend of $0.38 per share, a 6 percent per share increase versus the first quarter 2023 dividend.
−Removed: The first quarter 2024 dividend is payable on March 15, 2024, to holders of record at the close of business on February 29, 2024.
The Company expects to continue to pay quarterly dividends, although each dividend is subject to the approval of the Company's Board of Directors.
3 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: In November 2022, DuPont’s Board of Directors approved a new share repurchase program authorizing the repurchase and retirement of up to $5 billion of common stock, (the “$5B Share Buyback Program").
+Added: In the first quarter of 2024, the Company’s Board of Directors approved the $1B Share Buyback Program authorizing the repurchase and retirement of up to $1 billion of common stock.
For the three months ended December 31, 2024, there were no purchases of the Company’s common stock.
−Removed: At December 31, 2023, there was no remaining buyback authorization.
+Added: At December 31, 2024, $500 million is the approximate dollar value of shares that may be purchased by the Company under this program.
+Added: In connection with the Previously Intended Separations and continuing in light of the Intended Electronics Separation, DuPont announced its intent not to complete the remaining $500 million in share buyback authority under the $1B Share Buyback program.
+Added: See the discussion under Liquidity and Capital Resources starting on page 47 for more information.
Stockholder Return
3 unchanged sentences
The chart illustrates the cumulative total return of the Company's stock based on a presumed investment of $100 on December 31, 2019 and a presumption that all dividends were reinvested.
−Removed: The historical stock prices of DuPont presented in the chart have been adjusted to reflect the impact of the DWDP Distributions and the Reverse Stock Split.
−Removed: The Company elected to display the closing price on May 31, 2019, the day preceding the Corteva Distribution, in order to provide the reader a more useful baseline for the Company's performance as a specialty products company after consummation of the DWDP Distributions.
The chart does not reflect the Company's forecast of future financial performance.
−Removed: Cumulative Total Return December 31, 2018 May 31, 2019 1
−Removed: December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 December 31, 2023
+Added: Cumulative Total Return December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024
DuPont $ 100.00 $ 113.31 $ 130.75 $ 113.25 $ 129.48 $ 130.81
1 unchanged sentence
S&P Industrials $ 100.00 $ 111.06 $ 134.52 $ 127.15 $ 150.20 $ 176.44
−Removed: Represents the day preceding the Corteva Distribution.
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.