8-K
Andersons, Inc. (ANDE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | December 11, 2025 |
|---|
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The Andersons, Inc.
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(Exact name of registrant as specified in its charter)
| Ohio | 000-20557 | 34-1562374 |
|---|---|---|
| (State of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
1947 Briarfield Boulevard
Maumee, Ohio 43537
(Address of principal executive offices) (Zip Code)
(419) 893-5050
(Registrant’s telephone number, including area code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class: | Trading Symbol | Name of each exchange on which registered: |
|---|---|---|
| Common stock, $0.00 par value, $0.01 stated value | ANDE | The NASDAQ Stock Market LLC |
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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[☐] Emerging growth company
[☐] If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01 Regulation FD Disclosure
On December 11, 2025, The Andersons, Inc. (the "Company") issued a press release announcing it's growth target for 2028, which is included as Exhibit 99.1 and is incorporated herein by reference.
The information in Item 7.01, including Exhibit 99.1 attached hereto and incorporated by reference into this Item 7.01, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information in this Item 7.01, including Exhibit 99.1 attached hereto and incorporated by reference into this Item 7.01, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. The information in this Item 7.01, including Exhibit 99.1 attached hereto and incorporated by reference into this Item 7.01, shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release, Dated December 11, 2025 |
| 104 | Inline XBRL for the cover page of this Current Report on Form 8-K |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| The Andersons, Inc. | ||
|---|---|---|
| December 11, 2025 | By: | /s/ Emmanuel Ayuk |
| Emmanuel Ayuk | ||
| Executive Vice President, General Counsel, & Corporate Secretary |
Document
Exhibit 99.1

NEWS RELEASE
Contact:
Mike Hoelter
Vice President, Corporate Controller and Investor Relations
Phone: 419-897-6715
Email: investorrelations@andersonsinc.com
The Andersons, Inc. Announces Growth Target for 2028
MAUMEE, Ohio, December 11, 2025 /PRNewswire/ – The Andersons, Inc. (Nasdaq: ANDE), a leading North American agricultural and renewable fuels company, hosted its 2025 Investor Day, unveiling its growth plan for achieving a run-rate earnings per share of $7.00 exiting 2028, a 36% compounded annual growth rate from $2.56 per share for the trailing twelve months ended September 30, 2025.
“Our long-term strategic framework outlines the opportunities we have to accelerate our growth, optimize our margin potential, and continue to deliver value through a disciplined deployment of capital across the enterprise,” said President and Chief Executive Officer Bill Krueger. “We will leverage our balanced and diversified portfolio to continue our long track record of delivering growth and value for our shareholders.”
The framework outlined the company’s long-term growth potential with an emphasis on:
•Investing in strategic growth opportunities across the company, including a $60 million capital investment at the Clymers, Indiana, ethanol plant, which is expected to deliver increased ethanol capacity of 30 million gallons in mid-2027.
•Completing the expansion of the export terminal at the Port of Houston in 2026, enabling the export of soybean meal to the international market and further enhancing the efficient export of western grains.
•Continuing to strengthen geographic presence and expand merchandising capabilities by leveraging opportunities provided through the Skyland Grain acquisition and integration.
•Enhancing customer loyalty and value by providing customized solutions that meet the evolving needs of the market.
•Remaining focused on running efficient, low-CI ethanol plants, and maximizing 45Z tax credits.
Exhibit 99.1
•Utilizing a disciplined, long-term capital investment strategy to drive growth that provides strong margins and cash flows.
•Returning capital to shareholders through a balanced approach, including the continuation of the more than 25-year track record of consecutive dividend payments and opportunistic share repurchases.
“The Andersons is well-positioned to capitalize on the favorable macro trends that are driving growth within the agriculture and renewable fuels markets,” said Executive Vice President and CFO Brian Valentine. “Our strategy enables us to continue delivering strong shareholder value throughout the ag cycle.”
An archived copy of The Andersons Investor Day 2025 webcast is available at https://investorday.andersonsinc.com/.
Forward-Looking Statements
This release contains forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially. Without limitation, these risks include economic, weather and regulatory conditions, competition, geopolitical risk, and the risk factors set forth from time to time in the company's filings with the Securities and Exchange Commission. Although the company believes that the assumptions upon which the financial information and its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct.
About The Andersons, Inc.
The Andersons, Inc., is a North American agriculture and renewable fuels company. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.