Tranche Update on Adecoagro S.A.'s Equity Buyback Plan announced on September 23, 2013.
December 06, 2019 at 07:38 pm EST
Share
From July 1, 2019 to September 30, 2019, the company has repurchased 297,732 shares, representing 0.25% for $1.74 million. With this, the company has completed the repurchase of 8,603,499 shares, representing 7.15% for $78.82 million under the buyback announced on September 23, 2013.
Adecoagro S.A. is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy. Its agricultural activities consist of harvesting certain agricultural products, including crops, rough rice and sugarcane, for sale to third parties and for internal use as inputs in its various manufacturing processes, and producing raw milk. Its manufacturing activities consist of selling manufactured products, including processed rice, sugar, ethanol and energy, among others, and providing services, such as grain warehousing and conditioning and handling and drying services, among others. The Company's land transformation activities consist of the acquisition of farmlands or businesses with underdeveloped or underutilized agricultural land.
ADECOAGRO S.A. 
