Olin permanently closes Chlorine 3 unit at Freeport, TX; board authorizes $1.3B share repurchase

OLIN Corp

Permanently closing Chlorine 3 manufacturing facility at Freeport, TX; completion expected by Dec 31, 2025.
Expects ~$35M pretax restructuring costs for decommissioning and demolition through 2030.
Board approved new $1.3B share repurchase program, increasing total authorization to $2.0B.
Remaining ~$0.7B from prior 2022 repurchase program unaffected.
Investor Day held Dec 12, 2024; no new financial guidance disclosed in filing.

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