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DuPont’s Profit Doubles; Plans $5B Share Buyback

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Mani
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E I Du Pont De Nemours And Co (NYSE:DD)’s fourth-quarter profit doubled beating market estimates and announced a new $5 billion share buyback program.

DuPont's Profit Doubles; Plans $5B Share Buyback

E I Du Pont De Nemours And Co (NYSE:DD) posted strong fourth quarter results propelled by higher margins at its businesses that sell seeds and make materials for solar panels.

The largest U.S. chemical maker also unveiled a new $5 billion share repurchase plan.

DuPont’s strong operating earnings

E I Du Pont De Nemours And Co (NYSE:DD)’s operating earnings per share, excluding one-off items, were $0.59 in the fourth-quarter, surpassing the average of analysts’ estimates of about $0.55 and

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports