---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-220533"
form_type: "8-K"
ticker: "WLK"
cik: "0001262823"
company_name: "WESTLAKE CORP"
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-23T23:44:29.419526+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Westlake expands buyback by $500M and raises dividend 20% to $0.3570/share

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-220533
- form_type: 8-K
- ticker: WLK
- cik: 0001262823
- company_name: WESTLAKE CORP
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262823/000119312522220533/0001193125-22-220533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262823/000119312522220533/d317712d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-220533
- JSON: https://secwatch.observer/filing/0001193125-22-220533.json
- Plain text: https://secwatch.observer/filing/0001193125-22-220533.txt

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