DE · News · 20260908N

Capital Allocation

DEERE & CO · 2026-09-08 · Importance 34 · Surprise 42

Deere completed a share repurchase that included 333,000 shares purchased for $198.58 million. The company also declared a quarterly dividend after its third-quarter 2026 results exceeded expectations. The combined buyback and dividend actions reinforce Deere’s shareholder-return program while the company continues investing in precision agriculture and automation.

Key facts

• PrairieLand Partners plans to construct a 70,000-square-foot John Deere sales and service center in Goddard, Kansas representing a $14.3 million investment. source
• The new Goddard John Deere sales and service center is expected to have a workforce of 40-45 employees and will lead to the closure of PrairieLand's existing Wichita and Andale locations. source
• Goddard City Council approved incentives for the John Deere sales and service center including a sales tax exemption and a 100% property tax abatement for the first decade. source
• DEERE & CO completed a share repurchase of 333,000 shares for US$198.58 million. source