New York, December 19, 2013 -- Archer Daniels Midland Company's (ADM) A2 senior unsecured rating, P-1 short term rating, other ratings and stable outlook are unchanged following the company's announcement that it plans to spend approximately $1.4 billion on higher dividends and share-buybacks in 2014. The announcement is credit neutral as Moody's does not expect a material increase in debt due to the higher shareholder remuneration in 2014.
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