secwatch.observer — SEC 8-K summary
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Issuer:     STEPAN CO (SCL)
CIK:        0000094049
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001564590-22-026584
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stepan posts record Q2 net income of $52.1M; EPS $2.26, revenue up 26%
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- Adjusted net income record $53.0M ($2.30 diluted EPS) vs $42.2M ($1.81) a year ago.
- Surfactant segment operating income $48.2M (+5%); Polymer $33.9M (+47%); Specialty $9.9M (+41%).
- Quarterly dividend of $0.335 per share declared, payable Sept 15, record Aug 31 (unchanged rate).
- Company repurchased $7.0M of stock in Q2; $133M remaining under buyback authorization.
- Full-year capex guidance raised to $350–375M; new alkoxylation facility in Pasadena, TX advancing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94049/000156459022026584/0001564590-22-026584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94049/000156459022026584/scl-8k_20220727.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-026584

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