AGCO Corporation Common Stock (AGCO)

Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”) is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company.

Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE announced that it has submitted a 14a-8 shareholder proposal for inclusion in the Company’s proxy statement for its 2025 Annual Meeting of Shareholders to request that the Company adopt a policy requiring that AGCO’s Chair of the Board of Directors (the “Board”) be an independent director.

Tractors and Farm Equipment Limited (“TAFE” or “we”) today announced that it has filed a contempt petition against AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) for violating an interim status quo order from the Commercial Court in Chennai by attempting to terminate TAFE’s right to use the Massey Ferguson brand in India. TAFE’s case regarding its ownership of the Massey Ferguson brand is ongoing in the Madras High Court.

Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE issued the following open letter to its fellow shareholders.

Kaskela Law LLC announces that it is investigating AGCO Corporation (NYSEAGCO) on behalf of the company’s shareholders.

MF 9S Series Helps Farmers Who Demand More Achieve a Better Overall Cost of Ownership

Gleaner T Series Delivers Lightweight Performance, Superior Control and Premium Grain Quality

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will be among the headliners at the 2024 Commodity Classic, with an expansive exhibit featuring Farmer-Focused solutions and services from across its North American brands, including Fendt®, Massey Ferguson®, Precision Planting® and GSI®. With over 38,000 square feet of exhibit space, AGCO’s display will provide hands-on opportunities for farmers to experience many of its most innovative and award-winning equipment. Commodity Classic will be held February 28 - March 2 in Houston, Texas.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Barclays Industrial Select Conference on Thursday, February 22, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:50 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

The Massey Ferguson 3 Series Specialty tractor provides power and comfort with a smaller carbon footprint.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced today the Massey Ferguson® 3 Series Specialty tractor to the North American market. Designed to meet the unique challenges of vineyards and orchards, the MF 3 Series brings straightforward dependability to a new market with seven models ranging from 75-115 HP. The newly designed series provides a compact yet powerful solution for challenging applications with a focus on efficiency, comfort and a reduced carbon footprint. The MF 3 Series tractor line will launch at World Ag Expo, February 13-15, 2024, in Tulare, California.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will exhibit a wide array of farmer-focused precision ag solutions at the National Farm Equipment Show on February 14-17 in Louisville, Kentucky. The display will be highlighted by the Louisville debut of two new AE50 Award winners, the Fendt® 200 Vario® Series tractor and the Massey Ferguson® R Series sprayer, as well as the new 30-foot Fendt Momentum® planter. AGCO will be co-exhibiting with its AgRevolution™ dealership in booth 7801 in Hall B.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will host an expansive exhibit at the 2024 World Ag Expo in Tulare, California, on February 13-15. Headlining AGCO’s exhibit will be the North American debut of the Massey Ferguson® 3 Series Specialty tractors and a full lineup of Fendt® tractors sporting the brand’s cutting-edge technology and design.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.8 billion for the fourth quarter of 2023, a decrease of 2.5% compared to the fourth quarter of 2022. Reported net income was $4.53 per share for the fourth quarter of 2023, and adjusted net income(3) was $3.78 per share. These results compare to reported net income of $4.29 per share and adjusted net income(3) of $4.47 per share, for the fourth quarter of 2022. Excluding favorable currency translation impacts of 1.8%, net sales in the fourth quarter of 2023 decreased 4.3% compared to the fourth quarter of 2022.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience. The launch of the new end-to-end distribution model is a significant milestone in advancing AGCO’s Farmer-First strategy and solidifying its commitment to helping farmers across the globe become more profitable, productive and sustainable.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2023 earnings release conference call is scheduled for Tuesday, February 6 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 15, 2024, to all stockholders of record as of the close of business February 15, 2024.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the addition of a Chief Digital & Information Officer (CDIO) to its senior leadership team, reporting directly to Chief Executive Officer Eric Hansotia. Viren Shah will become an AGCO Senior Vice President and CDIO effective January 16, 2024. He will lead the development, design and implementation of the company’s digital vision and strategy, including IT, and data analytics.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, named Lee Pemberton of Makin’ Trax Contractors in Hallock, Minnesota, the 2023 Operator of the Year at the Agricultural Retailers Association (ARA) Annual Conference & Expo in Orlando, Florida, on November 29, 2023. The annual award from AGCO’s Application team recognizes the skills, dedication, and customer service demonstrated by application professionals to their local communities.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today that six of its products and solutions have been recognized with prestigious 2024 AE50 awards from the American Society of Agricultural and Biological Engineers (ASABE). The AE50s recognize the industry’s top new products and services for remarkable innovation, significant engineering advancement and impact on their markets. AGCO’s 2024 awards span its Fendt®, Massey Ferguson® and Precision Planting® brands, confirming consistent excellence across its product lines and cementing the company as agriculture’s leading innovator of farmer-focused solutions.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, continues to celebrate the generous support of rodeo committees across the United States to their local ag communities. AGCO’s Massey Ferguson® brand presents its annual Sowing Good Deeds™ award to rodeo organizations that have gone above and beyond in their charitable works. Matt LeCroy, director, marketing hay and forage for Massey Ferguson North America, presented this year’s award to representatives of Gunnison Cattlemen’s Days Rodeo during the Professional Rodeo Cowboys Association (PRCA) 2023 Awards Banquet in Las Vegas, Nevada. The Gunnison Cattlemen’s Days Rodeo Committee receives a new Massey Ferguson 4700 Series tractor as part of the award.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the annual Internationalization Award of the President of the Republic of Finland in the category of Long-Term International Investor. The Award is bestowed annually in recognition of internationally successful companies or communities.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its family of leading brands, received six major awards at the world’s largest trade fair for agricultural machinery, Agritechnica 2023. Included in the recognitions – which were decided based on votes cast by committees of independent experts and by the Agritechnica attendees themselves – are top awards recognizing Fendt® and Precision Planting®.

Following the recently announced transformational Joint Venture (JV) with Trimble, which creates an industry leading global mixed-fleet precision ag platform, AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, continues its technology evolution with exciting announcements.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will once again host thousands of farmers at the world's largest ag fair, Agritechnica.