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  • FMC to Outline Five-Year Strategic Plan at Investor Day Board Increases Dividend and Authorizes New Share Repurchase Program Learn More
  • Livent Celebrates IPO and First Day of Trading on New York Stock Exchange Begins Previously Announced Separation from FMC Corporation Learn More
  • Continuing on our journey towards a more sustainable future Powering Progress and Growing Results Learn More
  • FMC Corporation Issues 2017 Annual Report and 2018 Proxy Materials Learn More
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FMC to Outline Five-Year Strategic Plan at Investor Day; 
Board Increases Dividend and Authorizes New Share Repurchase Program

Five-year targets for 2019-20231

  • Revenue CAGR of 5 to 7 percent
  • Adjusted EBITDA CAGR of 7 to 9 percent2
  • Free cash flow conversion growing to approximately 70 percent3
  • Cash return to shareholders of up to $4.5 billion over 5 years
Board declarations

  • Increased regular quarterly dividend to $0.40 per share, up from $0.165 per share
  • Authorized new $1 billion share repurchase program, which the Company expects to complete by mid-2020
Click here to read the full press release. 

1. Five-year targets are for FMC, excluding Lithium segment financials from all metrics. FMC previously announced that it intends to spin off its approximately 85 percent stake in Livent Corporation to FMC shareholders, in the form of a pro-rata distribution of Livent shares, on March 1, 2019.  The planned separation is expected to be tax-free to FMC shareholders.
2. Although we provide forecasts for adjusted earnings per share, adjusted EBITDA, adjusted cash from operations and free cash flow (all of which are non-GAAP financial measures), we are not able to forecast the most directly comparable measures calculated and presented in accordance with GAAP.  Certain elements of the composition of the GAAP amounts are not predictable, making it impractical for us to forecast.  Such elements include, but are not limited to, restructuring, acquisition charges, and discontinued operations and related cash activity.  As a result, no GAAP outlook is provided.
3. Free cash flow conversion refers to free cash flow before financing as a proportion of adjusted earnings.
 


·       Livent Celebrates IPO and First Day of Trading on New York Stock Exchange

·         Livent Corporation, a leading, global, fully integrated lithium technology company, opened for trading today on the New York Stock Exchange (NYSE) after its initial public offering. 

Click here for more information.


March 16, 2018
FMC Corporation Issues 2017 Annual Report and 2018 Proxy Materials

Click above to view or download.

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