other material
confidence high
sentiment positive
materiality 0.70
Westlake expands buyback by $500M and raises dividend 20% to $0.3570/share
WESTLAKE CORP
- Board authorized additional $500M share repurchase; total available now ~$550M as of Aug 12, 2022.
- Quarterly dividend increased 20% to $0.3570 per share from $0.2975.
- Dividend payable Sept 6, 2022 to holders of record Aug 22, 2022.
- Since 2011, $600M of shares repurchased (9.8M shares) under the initial program.