secwatch.observer — SEC 8-K summary
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Issuer:     Corteva, Inc. (CTVA)
CIK:        0001755672
Form:       8-K/A
Filed at:   2026-06-12T21:24:17+00:00
Accession:  0001755672-26-000020
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.05, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

Corteva revises restructuring charges to $750M-$815M, adds Spain plant closure
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- Pre-tax charges now $750M-$815M, up $100M-$115M from prior estimate.
- Plans to cease production at Asturias, Spain, subject to works council consultation.
- Cash payments expected $400M-$443M; restructuring substantially complete by end of 2028.
- Land sale conditions for Pittsburg, CA site agreed, subject to due diligence.
- Charges include $100M-$125M severance, $350M-$372M asset impairments, $300M-$318M exit costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1755672/000175567226000020/0001755672-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1755672/000175567226000020/ctva-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001755672-26-000020

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