DuPont today announced that its Board of Directors approved a new $1.5 billion share buyback program which expires on June 30, 2022 (2021 Share Buyback Program). Under the 2021 Share Buyback Program, shares of the company's common stock may be repurchased periodically in open market or privately negotiated transactions.

The actual timing, manner, number, and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of DuPont's common stock, general market and economic conditions, applicable requirements, and other business considerations. 

At December 31, 2020, the company had remaining authorization under its existing stock buyback plan (the 2019 Share Buyback Program) to repurchase approximately $1 billion in shares of the company's common stock.

As discussed during its fourth quarter 2020 earnings call on February 9, 2021, the company has resumed share repurchases under the 2019 Share Buyback Program and intends to complete the remaining $1 billion in repurchases prior to the June 1, 2021 expiration of the 2019 Share Buyback Program.

After completion of the 2019 Share Buyback Program, the company expects to repurchase shares under the 2021 Share Buyback Program, subject to management's discretion and the factors discussed above.