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DuPont Announces Plans for Reverse Stock Split
Prnewswire· 2026-03-18 20:30
Core Viewpoint - DuPont plans to seek stockholder approval for a reverse stock split of its common stock at a ratio between 1-for-2 and 1-for-4, with the exact ratio to be determined by the Board of Directors at a later date [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will also involve a corresponding reduction in the number of authorized shares of the Company's common stock by the selected ratio [1]. - The reverse stock split is scheduled to be voted on at the Annual Meeting of Stockholders on May 21, 2026, with a record date of March 18, 2026, for stockholders entitled to vote [2]. - The Board of Directors retains the discretion to delay or abandon the reverse stock split if it is deemed not in the best interests of the Company or its stockholders [3]. Group 2: Proxy Materials and Communication - DuPont plans to file a preliminary proxy statement with the SEC regarding the reverse stock split proposal, and stockholders are encouraged to review these materials when available [4]. - Additional details about the Annual Meeting will be communicated to stockholders at a later date via proxy materials [2]. Group 3: Company Overview - DuPont is a global innovation leader providing advanced solutions across key markets such as healthcare, water, construction, and industrial [5].
DuPont Honored for Transformational Innovation in Industrial Water Reuse
Prnewswire· 2026-03-11 13:00
Core Insights - DuPont has been awarded the 2026 WateReuse Award for Excellence in the Transformational Innovation category for its FilmTec™ Fortilife™ XC160UHP elements, which enhance industrial wastewater treatment and reuse [1] Group 1: Product Innovation - The FilmTec™ Fortilife™ XC160UHP elements are designed for reverse osmosis, enabling efficient concentration of wastewater streams and supporting minimal and zero-liquid discharge (MLD/ZLD) strategies [1] - These elements operate under ultra-high-pressure conditions, allowing for high water recovery, which is crucial for industrial users facing strict discharge regulations [1] - The innovation contributes to reduced energy consumption, carbon emissions, and operational costs for industrial users [1] Group 2: Recognition and Impact - The FilmTec™ Fortilife™ XC160UHP has received multiple recognitions, including accolades from the R&D100 and Edison Awards, highlighting its potential impact on industrial water reuse applications [1] - The WateReuse Awards program acknowledges projects and partnerships that promote water reuse through leadership in education, advocacy, technology, and resource management [1] Group 3: Company Overview - DuPont Water Solutions technologies are currently purifying over 50 million gallons of water every minute across 112 countries [1] - The company offers a comprehensive portfolio of membranes, resins, and complete systems to address challenges in water treatment, seawater desalination, and industrial water usage [1] - DuPont is recognized as a global innovation leader, providing advanced solutions that transform industries and improve everyday life in key markets such as healthcare, water, construction, and industrial [1]