AGCO announces $1B share repurchase program after TAFE resolution

AGCO CORP /DE

Board authorized up to $1 billion of common stock repurchases.
Program follows pending resolution with Tractors and Farm Equipment Limited (TAFE).
Repurchases may occur via open market or private transactions; Rule 10b5-1 plans possible.
Timing and amount depend on market conditions, stock price, and legal requirements.
Program does not obligate AGCO to repurchase any shares; can be suspended at any time.

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