FMC Corporation CEO and Chairman Purchases $2 Million of FMC Common Stock, Other Senior Executives and Directors Together Purchase More Than $2.5 Million

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Sep 02, 2015, 11:30 ET

PHILADELPHIA, Sept. 2, 2015 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today announced that Pierre Brondeau, president, CEO, and chairman of the board, recently purchased 48,909 shares of FMC common stock.

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Several FMC senior executives also recently purchased in aggregate more than 24,000 shares of FMC common stock. This includes Mark Douglas, president of FMC Agricultural Solutions, who acquired 10,000 shares, and Paul Graves, executive vice president and CFO, who acquired 9,000 shares.

In addition, several FMC board directors recently acquired in aggregate more than 38,000 shares of FMC common stock. Peter D'Aloia, lead director, acquired 15,000 shares, adding to his earlier purchase of 15,000 shares in October 2014.

"We do not believe today's share price reflects the prospects of the company," Brondeau said. "FMC has the right businesses, the right technologies and the right people to deliver our strategy. We remain extremely pleased with the integration of Cheminova, which is ahead of schedule. Furthermore, we believe our exposure to agriculture, health and nutrition end markets offers significant opportunities for all of our stakeholders."

About FMC

FMC Corporation is a specialty company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. FMC acquired Cheminova in April of 2015. Pro forma revenue totaled approximately $4.5 billion in 2014. FMC employs approximately 7,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.

Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2014 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.

SOURCE FMC Corporation