Archer-Daniels-Midland (ADM) confirmed on November 3, 2026, it remains on track to achieve $500 million to $750 million in cost savings. ADM initiated this enterprise-wide program in early 2025. The company expects to realize these reductions over a three-to-five-year period.
ADM also resumed opportunistic share repurchases in the third quarter. It bought back approximately $360 million of its stock. This aligns with ADM's capital allocation strategy, which prioritizes organic growth and dividends.
These announcements coincided with ADM's third-quarter earnings report. The company beat profit estimates. However, it fell short on revenue.