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DuPont — Nov 5, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001666700-24-000033
Open on SEC.gov ↗
Showing in the filing
Expected completion of Intended Business Separations
“within 18 to 24 months of the announcement date”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Net sales for Q4 FY2024
“about $3.070 billion”
Operating EBITDA for Q4 FY2024
“about $790 million”
Adjusted EPS for Q4 FY2024
“$0.98 per share”
Operating EBITDA for FY2024
“about $3.125 billion”
Adjusted EPS for FY2024
“$3.90 per share”
Net sales for FY2024
“about $12.365 billion”
Expected completion of Intended Business Sep…
“within 18 to 24 months of the announcement date”
Share repurchase program for FY2025
“$1 billion”
Estimated amortization expense of intangible… for FY2024
“about $595 million”
Estimated amortization expense of intangible… for FY2024
“approximately $1.08 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses ("Intended Business Separations") in a tax-free manner to its shareholders leaving DuPont to continue as a diversified industrial company following completion of the separations. DuPont expects to complete the separations within 18 to 24 months of the announcement date. The separation transactions will not require a shareholder vote and are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of financing. Please refer to the announcement and presentation materials from May 22, 2024, posted to the Investor section of www.dupont.com for more information. Cautionary Statement about Forward-looking Statements This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target, "outlook,” “stabilization,” “confident,” “preliminary,” “initial,” and similar expressions
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.