CHS updates

CHS intends to return $1 billion in cash to owners

grain bins at dusk

Sep 14, 2022

CHS Inc., the nation's leading agribusiness cooperative, 计划在2023日历年向其所有者返还总计10亿美元的现金赞助和股权赎回, 实现其目标,与业主分享利润,并为建设美国农村做出贡献.

返还给业主的现金总额由CHS董事会在每个财政年度结束时作出决定. CHS董事会已决定根据与CHS在2022财年完成的业务返还5亿美元的现金赞助, which ended on Aug. 31, 2022. Additionally, CHS董事会已决定通过股票赎回向其所有者返还5亿美元现金.

拥有CHS的好处将由数百个成员合作社和数千名农民所有者分享. 总共10亿美元的现金分配将是CHS历史上最大的年度分配,并将使过去10年向业主返还的总金额超过3美元.1 billion.

“业主有机会获得现金赞助和股权,这是合作模式与其他业务的根本区别," said Dan Schurr, chair of the CHS Board of Directors. “这一关键区别意味着CHS所有者分享皇冠hga010安卓二维码的财务成功,并可以利用这一成功来推动自己业务的实力和增长, their families and the communities we share."

2022财年的最终财务结果预计将于2022年11月公布. Additional patronage-related details will be available at that time, 包括将分配的2022财年赞助股权证书的金额.

CHS Inc. is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, agronomy, grains and foods, CHS is committed to creating connections to empower agriculture, helping its farmer-owners, 客户和其他利益相关者通过其国内和全球业务发展他们的业务. CHS supplies energy, crop nutrients, seed, crop protection products, grain marketing services, production and agricultural services, animal nutrition products, foods and food ingredients, and risk management services. The company operates petroleum refineries and pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

This document and other CHS Inc. publicly available documents contain, and CHS officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. 前瞻性陈述既不是历史事实,也不是对未来业绩的保证. Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of its businesses, financial condition and results of operations, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, 难以预测的风险和环境变化,其中许多不在卫生服务中心的控制范围之内. CHS的实际结果和财务状况可能与前瞻性陈述中所示的有重大差异. 因此,您不应过分依赖这些前瞻性陈述. 可能导致CHS实际结果和财务状况与前瞻性陈述中显示的重大差异的重要因素在CHS提交给美国的文件中进行了讨论或确定.S. Securities and Exchange Commission, 包括在截至8月31日的财政年度CHS年度报告10-K表格第1A项的“风险因素”讨论中, 2021, 及截至5月31日止季度的CHS季度报告表格10-Q第二部分第1A项, 2022. These factors may include: changes in commodity prices; the impact of government policies, mandates, regulations and trade agreements; global and regional political, economic, legal and other risks of doing business globally, including, without limitation, risks relating to war or civil unrest; the impact of inflation; the impact of the ongoing COVID-19 outbreak or other similar outbreaks; the impact of market acceptance of alternatives to refined petroleum products; consolidation among our suppliers and customers; nonperformance by contractual counterparties; changes in federal income tax laws or our tax status; the impact of compliance or noncompliance with applicable laws and regulations; the impact of any governmental investigations; the impact of environmental liabilities and litigation; actual or perceived quality, safety or health risks associated with our products; the impact of seasonality; the effectiveness of our risk management strategies; business interruptions, casualty losses and supply chain issues; the impact of workforce factors; our funding needs and financing sources; financial institutions' and other capital sources' policies concerning energy-related businesses; uncertainty regarding the transition away from LIBOR and the replacement of LIBOR with an alternative reference rate; technological improvements that decrease the demand for our agronomy and energy products; our ability to complete, integrate and benefit from acquisitions, strategic alliances, joint ventures, divestitures and other nonordinary course-of-business events; security breaches or other disruptions to our information technology systems or assets; the impact of our environmental, social and governance practices; the impairment of long-lived assets; and other factors affecting our businesses generally. CHS在本文件中所作的任何前瞻性陈述仅基于CHS目前可获得的信息,且仅在陈述当日有效. CHS undertakes no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise except as required by applicable law.