SECsense Logo

Deere & Company 8-K Filing: Key Insights on Debentures & Common Stock (2025)

$DE
Form 8-K
Filed on: 2025-01-16
Source
Deere & Company 8-K Filing: Key Insights on Debentures & Common Stock (2025)

Based on the provided financial report section, here are the key pieces of information and insights extracted:

  1. Entity Identification: The report pertains to Deere & Company (CIK: 0000315189), which is a publicly traded company listed on the NYSE under the ticker symbol DE.
  2. Filing Type: The document is an 8-K filing, which is typically used to report major events that shareholders should know about. The filing date is January 13, 2025.
  3. Common Stock: The company has common stock with a par value of $1. This indicates the nominal value assigned to the shares of the company.
  4. Debentures: There is a mention of 6.55% Debentures due in 2028. This means the company has issued debt securities (debentures) that carry an interest rate of 6.55% and are set to mature in the year 2028. The listing indicates these debentures are also traded on the NYSE under the symbol DE28.
  5. Location and Contact Information: The company is headquartered at One John Deere Place, Moline, IL 61265, and the contact number provided is 309-765-8000.
  6. Financial Reporting Framework: The report utilizes US GAAP (Generally Accepted Accounting Principles), which is important for understanding the accounting standards applied in the report.
  7. Contextual Details: The report includes context identifiers for different sections, indicating that it categorizes information related to common stock and specific debentures under defined periods.

Insights:

  • The issuance of debentures highlights Deere & Company's strategy to raise capital through debt financing, which may be relevant for assessing its capital structure and financial health.
  • The presence of common stock with a par value suggests a straightforward equity structure, which can be appealing to investors looking for stable investments in established companies.
  • The filing of an 8-K indicates a significant event, which could be related to financial performance, strategic initiatives, or other material changes that could impact investors’ decisions.

Overall, this section of the financial report provides crucial insight into Deere & Company's financing structure and operational status as of early 2025.