Note 22 - Huntsman Corporation Stockholders' Equity |
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| Stockholders' Equity Note Disclosure [Text Block] |
22. HUNTSMAN CORPORATION STOCKHOLDERS’ EQUITY
Share Repurchase Program
On October 26, 2021, our Board of Directors approved a new share repurchase program of $1 billion. In conjunction with the inception of this plan, we retired our prior share repurchase program. On March 25, 2022, our Board of Directors increased the authorization of our existing share repurchase program from $1 billion to $2 billion. The share repurchase program is supported by our free cash flow generation. Repurchases may be made in 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, 2022, we repurchased 31,982,264 shares of our common stock for approximately $1,003 million, including commissions, under this share repurchase program. From January 1, 2023 through February 7, 2023, we repurchased an additional 691,326 shares of our common stock for approximately $21 million.
Dividends on Common Stock
The following tables represent dividends on common stock for our Company for the years ended December 31, 2022 and 2021 (dollars in millions, except per share payment amounts):
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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