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DuPont Announces 1-for-3 Reverse Split, Keeps Guidance

Wall Street Journal US Business •
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DuPont de Nemours confirmed a 1-for-3 reverse stock split, with approval from shareholders and its board. The action takes effect just after midnight on June 24, cutting the share count from roughly 405.1 million to about 135 million. The adjustment also lowers the number of shares the company can issue in future offerings, giving it tighter control over dilution.

Investors will receive cash in lieu of fractional shares, administered by Computershare Trust Company. By consolidating shares, DuPont aims to boost its stock price perception and meet listing standards that favor higher per‑share values. Payments will be handled by Computershare, streamlining the fractional‑share settlement for investors.

The company reaffirmed its existing guidance, signaling confidence that the split will not disrupt operating targets. Analysts note that a reduced share pool could tighten earnings per share calculations, potentially narrowing the gap with peers. With the split slated for late June, the market will watch the post‑split price action, which could be significantly volatile, for clues on investor sentiment.