HUNTSMAN CORPORATION STOCKHOLDERS’ EQUITY |
9 Months Ended |
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Sep. 30, 2018 | |
HUNTSMAN CORPORATION STOCKHOLDERS’ EQUITY | |
HUNTSMAN CORPORATION STOCKHOLDERS’ EQUITY |
13. HUNTSMAN CORPORATION STOCKHOLDERS’ EQUITY
Share Repurchase Program
On February 7, 2018 and on May 3, 2018, our Board of Directors authorized us to repurchase up to an additional $950 million in shares of our common stock in addition to the $50 million remaining under our September 2015 share repurchase authorization. The share repurchase program will be supported by our free cash flow generation and by the monetization of Venator shares. Repurchases may be made through the open market, including through accelerated share repurchase programs, or in privately negotiated transactions, and repurchases may be commenced or suspended from time to time without prior notice. Shares of common stock acquired through the repurchase program are held in treasury at cost. During the nine months ended September 30, 2018, we repurchased 5,895,665 shares of our common stock for approximately $175 million, including commissions, under the repurchase program.
Dividends on Common Stock
During each of the quarters ended March 31, 2018, June 30, 2018 and September 30, 2018, we paid dividends of $39 million, or $0.1625 per share, and during each of the quarters ended March 31, 2017 June 30, 2017 and September 30, 2017, we paid dividends of $30 million, or $0.125 per share, to common stockholders. |
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- Definition The entire disclosure for accounts comprising shareholders' equity, excluding disclosures pertaining to comprehensive income. No definition available.
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- References No definition available.
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