secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000074303-24-000100
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olin Q1 net income falls to $48.6M ($0.40 EPS) from $156.3M; sees Q2 sequential improvement
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- Q1 2024 net income $48.6M ($0.40 diluted EPS) vs $156.3M ($1.16 EPS) in Q1 2023; adjusted EBITDA $242.1M vs $434.1M.
- Chlor Alkali earnings down to $76.6M from $245.9M; Epoxy loss $11.8M vs profit $21.4M; Winchester up to $72.2M from $61.0M.
- Guidance: Q2 2024 adjusted EBITDA expected to improve sequentially; full year 2024 similar to or slightly higher than 2023.
- Appointed Dr. Florian Kohl as VP and President of Epoxy; Damian Gumpel continues as VP Corporate Strategy.
- Quarterly dividend declared $0.20 per share, payable June 14, 2024; share repurchases of $105.4M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/0000074303-24-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/oln-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000074303-24-000100

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