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Deere & Co. 8-K Report: Key Financial Insights & Debenture Issuance

$DE
Form 8-K
Filed on: 2025-02-28
Source
Deere & Co. 8-K Report: Key Financial Insights & Debenture Issuance

Based on the provided XML section of the financial report for Deere & Co., here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Company: Deere & Co.
  • CIK Number: 0000315189
  • Address: One John Deere Place, Moline, IL 61265
  • Phone Number: 309-765-8000
  1. Stock Information:
  • Common Stock: The company has issued common stock with a par value of $1.
  • Stock Exchange: Listed on the NYSE under the ticker symbol "DE".
  1. Debentures:
  • Type: 6.55% Debentures
  • Maturity Date: Due in 2028
  • Exchange: Listed on the NYSE under the ticker symbol "DE28".
  1. Filing Type:
  • The document is a Form 8-K, which is typically used to report significant events that shareholders should know about. The date of this filing is February 26, 2025.
  1. Context Period:
  • The report pertains to the period starting and ending on February 26, 2025.
  1. Key Dates:
  • Start Date: February 26, 2025
  • End Date: February 26, 2025

Insights:

  • The issuance of 6.55% debentures due in 2028 suggests that Deere & Co. is likely seeking to raise capital through debt financing. The interest rate indicates the company's cost of borrowing, which is significant for assessing financial health and investment attractiveness.
  • The common stock with a par value of $1 indicates the company's equity structure and might reflect its strategy concerning shareholder returns and capital management.
  • The timing of the 8-K filing indicates that any developments reported would be essential for investors and stakeholders, particularly in relation to the upcoming maturity of the debentures.

Overall, this report captures critical financial instruments that could impact Deere & Co.'s capital structure and financial strategy moving forward.