secwatch.observer — SEC 8-K summary
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Issuer:     WESTLAKE CORP (WLK)
CIK:        0001262823
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001193125-22-220533
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262823/000119312522220533/0001193125-22-220533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262823/000119312522220533/d317712d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-220533

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