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AGCO shares fall 2.27% intraday after announcing a $1 billion share repurchase program.
ByAinvest
Friday, Jul 11, 2025 2:58 pm ET1min read
Agco Corporation fell 2.27% in intraday trading, despite announcing a new $1 billion share repurchase program. The company's Board of Directors authorized the program following the pending resolution with Tractors and Farm Equipment Limited (TAFE). AGCO's Chairman, President, and CEO, Eric Hansotia, stated that the company maintains a disciplined and robust capital allocation plan, prioritizing the most effective deployment of capital to maximize shareholder value.
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