---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-001359"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:52:19.458712+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Orion Engineered Carbons authorizes buyback of up to 6.9M shares through June 2027

## Summary
- Board authorized repurchase of up to ~6.9M shares (≈15% of outstanding) through June 2027.
- Combined with soon-to-complete prior authorization, total potential repurchase of 15% of shares.
- CEO cites focus on cash flow for growth, debt management, and shareholder returns.
- Program allows open market or tender purchases, including 10b5-1 plans; may be suspended anytime.

## SEC filing metadata
- accession: 0000950142-23-001359
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609804/000095014223001359/0000950142-23-001359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000095014223001359/eh230356204_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-001359
- JSON: https://secwatch.observer/filing/0000950142-23-001359.json
- Plain text: https://secwatch.observer/filing/0000950142-23-001359.txt

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