LyondellBasell Buyback
OLI recorded this information on 5/31/2019
Company: |
LyondellBasell |
Buyback: |
LYB buyback |
Share Amount Authorized: |
37,000,000 |
Buyback Details: |
LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that its Board of Directors has declared a quarterly dividend of $1.05 per share, representing a five percent increase over the company's first quarter 2019 dividend. The dividend will be paid June 17, 2019 to shareholders of record June 10, 2019, with an ex-dividend date of June 7, 2019. The company also announced at its Annual General Meeting on May 31, 2019, shareholders approved a share repurchase program authorizing the company to repurchase up to 10 percent of the company's shares over the next 18 months. The repurchases will be executed from time to time through open market or privately negotiated transactions. LyondellBasell had approximately 370 million shares outstanding as of May 29, 2019. |
LyondellBasell Industries is a chemical company. Co.'s chemicals businesses consist of processing plants that convert liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals, and used by its customers to manufacture a range of products including food packaging, home furnishings, automotive components, paints and coatings. Co.'s refining business consists of its Houston refinery, which processes crude oil into products such as gasoline, diesel and jet fuel. Co.'s reportable segments include: Olefins and Polyolefins - Americas; Olefins and Polyolefins - Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.
LyondellBasell Industries SEC Filing Email Alerts Service
Preferred: SLMNP
Open the LYB Page at The Online Investor »
Company Name: |
LyondellBasell Industries NV |
Stock buyback: |
LYB buyback |
Website: |
www.LyondellBasell.com |
Sector: |
Chemicals |
Number of ETFs Holding LYB: |
113 |
Total Market Value Held by ETFs: |
$4.73B |
Total Market Capitalization: |
$32.69B |
% of Market Cap. Held by ETFs: |
14.48% |
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