ADM Elects Directors at Annual Meeting, Declares Cash Dividend
May 07 2015 - 4:00PM
Business Wire
Archer Daniels Midland Company (NYSE: ADM) announced today at
its 92nd Annual Stockholders’ Meeting that 13 incumbent directors
were elected to its Board. The directors are: Alan L. Boeckmann,
Mollie Hale Carter, Terrell K. Crews, Pierre Dufour, Donald E.
Felsinger, Juan R. Luciano, Antonio Maciel Neto, Patrick J. Moore,
Thomas F. O’Neill, Francisco Sanchez, Daniel Shih, Kelvin R.
Westbrook and Patricia A. Woertz.
Cash Dividend Declared
ADM’s Board of Directors also declared a cash dividend of 28.0
cents per share on the company’s common stock payable June 11,
2015, to Stockholders of record May 21, 2015.
This is ADM’s 334th consecutive quarterly payment, a record of
83 years of uninterrupted dividends. As of March 31, 2015, there
were 625,071,516 shares of ADM common stock outstanding.
No-Deforestation Policy Announced
Also at the meeting, ADM announced the adoption of its
No-Deforestation Policy. The policy includes an overarching
commitment to no deforestation, with specific actions related to
ADM’s palm and soy supply chains. It includes commitments to work
with respected third-party experts, including The Forest Trust, to
begin mapping the company’s supply chains against high carbon stock
forests, high conservation value areas and peatlands, and to
expeditiously develop appropriate action plans to create more
sustainable, traceable supply chains that protect these areas.
These action plans will also incorporate information gathered
through the implementation of ADM’s Commitment to Human Rights. ADM
also committed to publish the action plans and provide regular
updates on progress.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
the vital needs of a growing world. Today, we’re one of the world’s
largest agricultural processors and food ingredient providers, with
more than 33,000 employees serving customers in more than 140
countries. With a global value chain that includes more than 460
crop procurement locations, 300 ingredient manufacturing
facilities, 40 innovation centers and the world’s premier crop
transportation network, we connect the harvest to the home, making
products for food, animal feed, chemical and energy uses. Learn
more at www.adm.com.
Archer Daniels Midland CompanyMedia
RelationsJackie Andersonmedia@adm.com312-634-8484
Archer Daniels Midland (NYSE:ADM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Archer Daniels Midland (NYSE:ADM)
Historical Stock Chart
From Apr 2023 to Apr 2024