---
schema_version: "secwatch.filing_event.v1"
accession: "0000074303-23-000174"
form_type: "8-K"
ticker: "OLN"
cik: "0000074303"
company_name: "OLIN Corp"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:10:41.657008+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Olin Q3 net income $104.1M, down 67% YoY; idles two chlor-alkali plants, sees Q4 EBITDA ~$200M

## Summary
- Q3 2023 net income $104.1M ($0.82 diluted EPS) vs $315.2M ($2.18) a year ago; adjusted EBITDA $314.8M vs $547.8M.
- Sales $1,671.4M, down 28% from $2,321.7M; Chlor Alkali segment earnings fell $81.6M, Epoxy had a loss of $28.8M.
- Idled St. Gabriel, LA facility and its largest chlor-alkali plant in Freeport, TX; expects Q4 adjusted EBITDA ~$200M, cut by ~$100M vs prior view.
- Board declared quarterly dividend $0.20/share, payable Dec 8 to holders of record Nov 9; 388th consecutive quarterly dividend.
- Repurchased 3.7M shares ($202.1M) in Q3; YTD repurchases ~10.8M shares ($595.1M); $1.1B remaining authorization.

## SEC filing metadata
- accession: 0000074303-23-000174
- form_type: 8-K
- ticker: OLN
- cik: 0000074303
- company_name: OLIN Corp
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74303/000007430323000174/0000074303-23-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74303/000007430323000174/oln-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074303-23-000174
- JSON: https://secwatch.observer/filing/0000074303-23-000174.json
- Plain text: https://secwatch.observer/filing/0000074303-23-000174.txt

## Key facts
- Earnings Releases
  OLIN Corp reported third quarter ended September 30, 2023 results: net income $104.1 million, or $0.82 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Net income: $104.1 million, or $0.82 per diluted share
  - Result: reported results
  source text: 3 Document Exhibit 99.1 Investor Contact: Steve Keenan (314) 719-1755 InvestorRelations@Olin.com News Olin Corporation, 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105 Olin Announces Third Quarter 2023 Results Highlights • Third quarter 2023 net income of $104.1 million, or $0.82 per diluted share • Quarterly adjusted EBITDA of $314.8 million • Share repurchases of $202.1 million in third quarter 2023 • Fourth quarter 2023 focus on actions to improve 2024 Clayton, MO, October 26, 2023 – Olin Corporation (NYSE: OLN) announced financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430323000174/0000074303-23-000174-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.