Annual report pursuant to Section 13 and 15(d)

HUNTSMAN CORPORATION STOCKHOLDERS EQUITY

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HUNTSMAN CORPORATION STOCKHOLDERS EQUITY
12 Months Ended
Dec. 31, 2019
HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY  
HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY

23. 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. 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 year ended December 31, 2019, we repurchased 10,099,892 of our common stock for approximately $208 million, excluding commissions, under the repurchase program. From January 1, 2020 through January 31, 2020, we repurchased an additional 336,478 shares of our common stock for approximately $7 million, excluding commissions.

Dividends on Common Stock

The following tables represent dividends on common stock for our Company for the years ended December 31, 2019 and 2018 (dollars in millions, except per share payment amounts):

2019

Approximate

Per share

amount

Quarter ended

payment amount

paid

March 31, 2019

    

$

0.1625

    

$

39

June 30, 2019

 

0.1625

 

38

September 30, 2019

 

0.1625

 

38

December 31, 2019

 

0.1625

 

35

2018

Approximate

Per share

amount

Quarter ended

payment amount

paid

March 31, 2018

    

$

0.1625

    

$

39

June 30, 2018

 

0.1625

 

39

September 30, 2018

 

0.1625

 

39

December 31, 2018

 

0.1625

 

39