secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0000074303-24-000205
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000205/0000074303-24-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000205/oln-20241211.htm
  HTML page:      https://secwatch.observer/filing/0000074303-24-000205

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