secwatch.observer — SEC 8-K summary
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Issuer:     VALHI INC /DE/ (VHI)
CIK:        0000059255
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000059255-24-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valhi swings to Q3 net income of $57.5M ($2.01/sh) vs year-ago loss; declares $0.08 dividend
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- Net income attributable to Valhi stockholders of $57.5M ($2.01/sh) in Q3 2024, vs net loss of $5.8M (-$0.21/sh) in Q3 2023.
- Chemicals Segment net sales rose 22% to $484.7M; TiO2 sales volumes up 21% YoY.
- Non-cash gain of $64.5M ($1.18/sh net) from remeasurement of LPC investment after acquiring the 50% joint venture interest.
- Quarterly dividend declared: $0.08/share, payable Dec 19, 2024 to holders of record Nov 29, 2024.
- Chemicals Segment closed its Canadian sulfate process line, recording ~$4M in accelerated depreciation in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000058/0000059255-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000058/vhl-20241107x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059255-24-000058

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