other material
confidence high
sentiment neutral
materiality 0.65
DuPont announces 1-for-3 reverse stock split effective June 24, reaffirms 2026 guidance
DuPont de Nemours, Inc.
- Board approved 1-for-3 reverse stock split; effective 12:01 a.m. ET June 24, 2026; trading on split-adjusted basis same day on NYSE.
- Authorized shares reduced from ~1.667B to ~555.6M; outstanding shares would drop from ~405M to ~135M if effective May 22.
- Stockholders approved reverse split on May 21 with ~335.5M votes for (97.2% of cast) and ~4.4M against.
- Reaffirmed Q2 2026 adjusted EPS ~$1.75 and full-year adjusted EPS $7.02-$7.16 on split-adjusted basis using ~137M diluted shares.
- No fractional shares; cash in lieu; proportionate adjustments to equity awards, warrants, and convertible securities.