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Corteva Agriscience Announces $3 Billion Share Repurchase Program

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Reflects Company’s Focus on Disciplined Capital Deployment

INDIANAPOLIS, Nov. 19, 2024 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) today announced that its Board of Directors authorized a new $3 billion share repurchase program. The authorization is immediately effective, does not expire, and gives management discretion in determining the conditions under which shares may be purchased.

This newly authorized program is in addition to the Company’s existing $2.0 billion program announced in September 2022, which had approximately $750 million remaining as of September 30, 2024. Shares of the Company’s common stock may be repurchased periodically in open-market or private transactions. The actual timing, number and value of shares repurchased under the Company’s authorized share repurchase program will depend on a variety of factors including the market price of Corteva common stock, general market and economic conditions, applicable legal requirements and other business considerations and uses of capital, including organic growth, dividends, and acquisitions.

“This action underscores our Board’s confidence in Corteva’s future and our commitment to returning capital to shareholders,” said Chuck Magro, Chief Executive Officer, Corteva Agriscience. “Corteva’s new share repurchase program, together with the Company’s dividend increase earlier this year, demonstrate Corteva’s strong financial outlook and commitment to a disciplined capital deployment strategy.”

For updates on the Company’s strategy, technology pipeline, and financial framework, join Corteva’s previously announced Investor Day, today at 9 a.m. Eastern Time. Registration is available on the Events and Presentations Page of the Corteva Investor Relations website. A replay will be available on the website following the webcast. 

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

Cautionary Statement About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about Corteva’s capital allocation plans, performance outlook, and strategy are forward-looking statements. Corteva disclaims and does not undertake any obligation to update or revise any forward-looking statement or other estimate, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements or other estimates is included in the “Risk Factors” section of Corteva’s Annual Report on Form 10-K, as modified by subsequent reports on Form 10-Q and Current Reports on Form 8-K.

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SOURCE Corteva Agriscience

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Kaleidescape Named to Fast Company’s Fourth Annual List of the Next Big Things in Tech

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List Recognizes Groundbreaking Advancements Redefining the Way We Work and Live

MOUNTAIN VIEW, Calif., Nov. 19, 2024 /PRNewswire/ — Kaleidescape, maker of the ultimate movie platform, today announced that it has been named to Fast Company’s fourth annual Next Big Things in Tech list, honoring emerging technology that has a profound impact for industries—from education and sustainability to robotics and artificial intelligence.

This year, 138 technologies developed by established companies, startups, or research teams are featured for their potential to revolutionize the lives of consumers, businesses, and society overall. While not all technologies are available in the market yet, each is reaching key milestones to have a proven impact in the next five years.

Kaleidescape, maker of the ultimate movie platform for residential and marine markets, has been changing the landscape of home theater entertainment experiences for over two decades. As the only digital provider of movies with lossless audio and full reference video, Kaleidescape provides customers with access to thousands of movies, TV series, and concerts for purchase or rent. Recently, Kaleidescape introduced Strato V, the next-generation movie player providing stunning 4K Dolby Vision playback with lossless audio. Strato V works on its own or grouped with Terra Prime movie servers to enable scalability. Kaleidescape is also expanding into commercial cinema, as an alternative content delivery platform, bringing library releases back to the big screen.

“Kaleidescape continues to innovate by bringing to market products that evolve the cinema experience at home and beyond,” said Tayloe Stansbury, chairman & CEO of Kaleidescape. “Kaleidescape’s platform allows consumers to experience a vast array of content in the highest quality, as the director intended, enabling a movie theater-like experience in the home.”

“The Next Big Things in Tech provides a fascinating glimpse at near- and long-term technological breakthroughs across a variety of sectors,” says Brendan Vaughan, editor-in-chief of Fast Company. “Spanning everything from semiconductors to agricultural gene editing, the companies featured in this year’s list are tackling some of the world’s most pressing and vexing problems.”

Click here to see the final list.

About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

About Kaleidescape (www.Kaleidescape.com)  
Kaleidescape is the ultimate movie platform. Kaleidescape has been designing, manufacturing, and selling state-of-the-art movie players and servers for over 20 years. Kaleidescape digitally delivers movies with lossless audio and reference video. Headquartered in Silicon Valley, Kaleidescape builds its products in the USA. 

CONTACT:
Josh Gershman 
josh.gershman@kaleidescape.com 

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SOURCE Kaleidescape, Inc.

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Payroc Expands Gateway Solution with Hosted Fields, Apple Pay & Google Pay

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Empower your clients with Payroc’s unified payment solutions—offering modern, secure options like Apple Pay and Google Pay alongside Hosted Fields to deliver seamless online checkouts, elevate customer satisfaction, and give you a competitive edge in today’s market.

TINLEY PARK, Ill. , Nov. 19, 2024 /PRNewswire-PRWeb/ — Payroc, a leading payments platform, releases Apple Pay and Google Pay Acceptance, in addition to previously released Hosted Fields. This provides ISVs, sales partners, and their merchants with a fully unified, secure, and streamlined online payment experience.

“Hosted fields and digital wallets build upon our platform to help partners provide merchants with a secure, streamlined, and customer-centric payment experience.”

Payroc’s Hosted Fields enable merchants to accept payments directly on their branded websites or applications without redirecting customers to an external page. By embedding payment fields into the checkout process, merchants can maintain a consistent and seamless customer experience. Additionally, partners can help merchants minimize compliance scope, as Payroc handles PCI requirements and tokenization entirely. With this fully integrated solution, partners can provide merchants with secure, modern payment options that meet customer expectations.

Additionally, the Payroc Gateway has expanded support for Apple Pay and Google Pay to both Hosted Fields and Hosted Payment Pages on the TSYS platform to go along with existing availability on First Data. Along with accepting digital wallet payments in person, merchants can now offer customers a faster, friction-free and more secure online checkout. With this feature, customers can skip manual card entry and complete payments with their saved digital wallet information, on both a mobile device and desktop. Apple Pay and Google Pay require minimal integration for partners using Hosted Fields, while Hosted Payment Pages automatically support these payment options with no additional setup needed.

“At Payroc, our priority is empowering partners and their clients with solutions that create real value,” said Walter Greaney, Vice President of Product Management. “Hosted fields and digital wallets build upon our platform to help partners provide merchants with a secure, streamlined, and customer-centric payment experience.”

Payroc’s new features are designed to offer its partner network high-value, adaptable payment tools that address the evolving needs of today’s market.

For more information on Payroc’s Hosted Fields, and Apple Pay & Google Pay integration, please visit http://www.payroc.com.

About Payroc:
Payroc WorldAccess, LLC is a high-growth merchant acquirer, processor, and payment integrations powerhouse that offers best-in-class sales enablement and payment processing technology on a global scale, delivering proprietary, innovative, and full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations. Payroc (through its subsidiaries) is a registered Visa third-party processor, a Visa independent sales organization, a Mastercard third-party service provider, a Mastercard member service provider, a payment facilitator, an encryption support organization for Fifth Third Bank, National Association (“Fifth Third”), and, in Canada is registered with Peoples Trust Company, among many others.

Media Contact

Yosselin Nunez, Payroc, 1 (888) 477-4500, yosselin.nunez@payroc.com, https://payroc.com/

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SOURCE Payroc

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Spacelift Announces Expanded Ansible Support to Tame Operational and Observability Challenges of Ansible Playbook Execution and Unite Ansible and IaC Automation Workflows

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Platform and DevOps teams with large-scale, complex environments no longer have to struggle with Ansible playbook execution and observability challenges. They can also unite formerly separate workflows for provisioning and configuration management of infrastructure resources, thanks to enhancements to the Spacelift orchestration platform.

REDWOOD CITY, Calif., Nov. 19, 2024 /PRNewswire-PRWeb/ — Ansible is an essential part of infrastructure automation, but managing large-scale playbook execution in complex environments is still challenging. It’s often managed separately from Infrastructure as Code (IaC) provisioning automation, leading to inefficient workflows that slow developer velocity and lack the necessary visibility and control for security and compliance. Today’s updates from Spacelift aim to solve these problems.

These Spacelift updates have transformed this experience, elevating our Ansible operations, giving us real visibility into all of our resources, and a single workflow for our infrastructure automation.

The Spacelift platform now automates the execution of Ansible playbooks, delivers inventory visibility and control over Ansible-managed resources, and links provisioning workflows (Terraform and OpenTofu, etc..) seamlessly with configuration management (Ansible).

New Spacelift Platform Enhancements include:

Playbook Automation: Manage the execution of Ansible playbooks from one central location.Inventory Observability: View all Ansible-managed hosts and related playbooks, with clear visual indicators showing the success or failure of recent runs.Playbook Run Insights: Audit Ansible playbook run results with detailed insights to pinpoint problems and simplify troubleshooting.Integrated IaC & Ansible Workflows: Easily define workflows that combine any flavor of IaC (Terraform, OpenTofu, CloudFormation…) and Ansible to streamline infrastructure provisioning and configuration management.Developer Self-Service: Integrate Ansible playbooks into infrastructure self-service for developers.

“Ansible and IaC have lived in isolated silos, leading to cumbersome infrastructure management workflows and slowing developer velocity,” said Pawel Hytry, co-founder and CEO of Spacelift. “By layering the infrastructure orchestration benefits of Spacelift on top of Ansible, we’re making it easy for platform teams to not only control what is happening with Ansible, but also create a seamless workflow that combines the provisioning power of Terraform, OpenTofu and CloudFormation with the configuration management benefits of Ansible.”

“Ansible is our go-to automation for managing resources after they’ve been provisioned, but it comes with its own set of challenges,” said Jakub Krzemiński, head of DevOps at Synerise. “These Spacelift updates have transformed this experience, elevating our Ansible operations, giving us real visibility into all of our resources, and a single workflow for our infrastructure automation.”

The expanded Ansible support is available immediately to provide greater control and visibility over Ansible playbooks, orchestrate Terraform and Ansible pipelines into a single integrated workflow, and help platform and DevOps teams provide infrastructure self-service to developers.

*About Spacelift*
Spacelift is an infrastructure orchestration platform that manages the entire infrastructure lifecycle — provisioning, configuration and governance. Spacelift integrates with existing infrastructure tooling (e.g. Terraform, OpenTofu, CloudFormation, Pulumi, Ansible) to provide a single integrated workflow to deliver secure, cost-effective and resilient infrastructure, fast.

By automating deployment and configuration, providing developer self-service, golden paths with guardrails, and an OPA policy engine, Spacelift empowers businesses to accelerate developer velocity while maintaining control and governance over their infrastructure.

Sign up for a demo or a free trial at Spacelift.io.

Media Contact

Cristin Connelly, Spacelift, 4049316752, cristin@cathey.co, www.spacelift.io

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SOURCE Spacelift

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