Annual report pursuant to Section 13 and 15(d)

Note 22 - Huntsman Corporation Stockholders' Equity

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Note 22 - Huntsman Corporation Stockholders' Equity
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Equity [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. 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, 2024, we did not repurchase any shares of our common stock under this program. As of December 31, 2024, we have approximately $547 million remaining under the authorization of our existing share repurchase program.

 

Dividends on Common Stock

 

The following tables represent dividends on common stock for our Company for the years ended December 31, 2024 and 2023 (dollars in millions, except per share payment amounts):

 

   

Per share

   

Dividends

 

Quarter ended

 

payment amount

   

declared

 

March 31, 2024

  $ 0.25     $ 43  

June 30, 2024

    0.25       43  

September 30, 2024

    0.25       44  

December 31, 2024

    0.25       44  

 

 

   

Per share

   

Dividends

 

Quarter ended

 

payment amount

   

declared

 

March 31, 2023

  $ 0.2375     $ 44  

June 30, 2023

    0.2375       42  

September 30, 2023

    0.2375       42  

December 31, 2023

    0.2375       41