Huntsman Announces 30% Increase in First Quarter 2018 Common Dividend and 2018 Annual Meeting of Stockholders
THE WOODLANDS, Texas, Feb. 23, 2018 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors has declared a $0.1625 per share cash dividend on its common stock. This represents a 30% increase from the previous dividend. The dividend is payable on March 30, 2018 to stockholders of record as of March 15, 2018.
Huntsman Corporation will hold its 2018 annual meeting of stockholders on Thursday, May 3, 2018 at 8:30 a.m., local time, at The Westin At The Woodlands, 2 Waterway Square Place, The Woodlands, Texas 77380. Holders of record as of the close of business on March 9, 2018 will be entitled to vote at the meeting.
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2017 revenues of approximately $8 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 75 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 10,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, the ability to implement cost reductions and manufacturing optimization improvements in Huntsman businesses, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
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SOURCE Huntsman Corporation
Released February 23, 2018