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United States

Huntsman Corp (HUN.N)

HUN.N on New York Stock Exchange

31.22USD
19 Jul 2018
Change (% chg)

$-0.19 (-0.60%)
Prev Close
$31.41
Open
$31.30
Day's High
$31.48
Day's Low
$30.77
Volume
458,721
Avg. Vol
671,105
52-wk High
$36.09
52-wk Low
$24.51

Latest Key Developments (Source: Significant Developments)

Huntsman's Board Approves Increase To Share Repurchase Authorization Up To $1 Bln
Wednesday, 23 May 2018 04:15pm EDT 

May 23 (Reuters) - Huntsman Corp ::HUNTSMAN'S BOARD APPROVES INCREASE TO SHARE REPURCHASE AUTHORIZATION UP TO $1 BILLION; HUNTSMAN ALSO ANNOUNCES A NEW $1.2 BILLION UNSECURED REVOLVING CREDIT FACILITY.HUNTSMAN CORP - ENTERED INTO A NEW FIVE YEAR $1.2 BILLION SENIOR UNSECURED REVOLVING CREDIT FACILITY EXPIRING IN 2023.HUNTSMAN CORP - NEW CREDIT FACILITY WILL REPLACE PREVIOUS $650 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY EXPIRING IN 2021.  Full Article

Huntsman Corp Reports Q1 Earnings Per Share Of $1.11
Tuesday, 1 May 2018 06:00am EDT 

May 1 (Reuters) - Huntsman Corp ::HUNTSMAN ANNOUNCES STRONG FIRST QUARTER 2018 RESULTS, WITH EVERY DIVISION SHOWING EARNINGS GROWTH VERSUS THE PRIOR YEAR; GREATER THAN $100 MILLION IN SHARE REPURCHASES COMPLETED TO DATE.Q1 EARNINGS PER SHARE $1.11.Q1 ADJUSTED EARNINGS PER SHARE $0.96.EXPECT TO SPEND APPROXIMATELY $325 MILLION ON CAPITAL EXPENDITURES IN 2018.QTRLY REVENUES $2,295 MILLION VERSUS $1,932 MILLION.Q1 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $2.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Huntsman Corp Reports Q4 Qtrly Diluted Income Per Share Of $1
Friday, 23 Feb 2018 06:00am EST 

Feb 23 (Reuters) - Huntsman Corp ::HUNTSMAN ANNOUNCES STRONG FOURTH QUARTER 2017 RESULTS; NET LEVERAGE REDUCED TO 1.4X; THE BOARD APPROVES A 30% DIVIDEND INCREASE AND SHARE REPURCHASES OF UP TO $450 MILLION.Q4 REVENUE $2.203 BILLION.QTRLY DILUTED INCOME PER SHARE WAS $1.00.QTRLY ADJUSTED DILUTED INCOME PER SHARE WAS $0.76.EXPECT TO SPEND APPROXIMATELY $325 MILLION ON CAPITAL EXPENDITURES IN 2018."EXPECT TO GENERATE BETWEEN $450 MILLION AND $650 MILLION OF FREE CASH FLOW IN THE UPCOMING YEARS".EFFECTIVE FEB 7, 2018, BOARD APPROVED AN INCREASE IN QUARTERLY PER SHARE DIVIDEND FROM $0.125 TO $0.1625.TO REPURCHASE UP TO $400 MILLION IN SHARES OF COMMON STOCK IN ADDITION TO $50 MILLION REMAINING UNDER SEPT 2015 SHARE REPURCHASE AUTHORIZATION.Q4 EARNINGS PER SHARE VIEW $0.66, REVENUE VIEW $2.10 BILLION -- THOMSON REUTERS I/B/E/S.DURING 3 MONTHS ENDED DEC 31, 2017, RECORDED INCOME TAX BENEFIT OF $14 MILLION VERSUS INCOME TAX EXPENSE OF $44 MILLION DURING SAME PERIOD IN 2016.  Full Article

Huntsman Announces 30 Pct Increase In Q1 2018 Common Dividend
Friday, 23 Feb 2018 06:00am EST 

Feb 23 (Reuters) - Huntsman Corp ::HUNTSMAN ANNOUNCES 30% INCREASE IN FIRST QUARTER 2018 COMMON DIVIDEND AND 2018 ANNUAL MEETING OF STOCKHOLDERS.HUNTSMAN CORP - BOARD OF DIRECTORS HAS DECLARED A $0.1625 PER SHARE CASH DIVIDEND ON ITS COMMON STOCK.  Full Article

Huntsman Expects Higher Q4 Adjusted EBITDA
Thursday, 25 Jan 2018 04:15pm EST 

Jan 25 (Reuters) - Huntsman Corp ::HUNTSMAN RAISES FOURTH QUARTER 2017 EXPECTATIONS RESULTS TO BE DISCUSSED ON FEBRUARY 23, 2018.HUNTSMAN CORP SAYS FOR Q4 2017 HUNTSMAN CORPORATION EXPECTS TO REPORT TOTAL ADJUSTED EBITDA MODESTLY ABOVE Q3 2017 ADJUSTED EBITDA OF $340 MILLION..  Full Article

Huntsman Corp Says Peter Huntsman Elected Chairman
Tuesday, 19 Dec 2017 04:39pm EST 

Dec 19 (Reuters) - Huntsman Corp ::PETER R. HUNTSMAN ELECTED CHAIRMAN OF THE BOARD; FOUNDER AND FORMER EXECUTIVE CHAIRMAN, JON M. HUNTSMAN, TO SERVE AS MEMBER OF THE BOARD AND CHAIRMAN EMERITUS.HUNTSMAN SAYS JON HUNTSMAN WILL BE STEPPING DOWN AS EXECUTIVE CHAIRMAN ON DECEMBER 31, 2017 AND ROLE OF EXECUTIVE CHAIRMAN WILL BE ELIMINATED.  Full Article

Huntsman Announces Full Repayment Of Its Senior Term Loan Facility
Monday, 4 Dec 2017 04:15pm EST 

Dec 4 (Reuters) - Huntsman Corp ::HUNTSMAN ANNOUNCES FULL REPAYMENT OF ITS SENIOR TERM LOAN FACILITY FROM PROCEEDS OF VENATOR SECONDARY PUBLIC OFFERING.HUNTSMAN CORP - COMPLETED ITS SECONDARY PUBLIC OFFERING OF VENATOR RECEIVING NET PROCEEDS OF ABOUT $471 MILLION.HUNTSMAN CORP - TOGETHER WITH CASH ON HAND, HUNTSMAN WILL REPAY IN FULL $511 MILLION REMAINING ON ITS TERM LOAN B DUE 2023.HUNTSMAN CORP - WILL NO LONGER HAVE ANY SENIOR SECURED TERM LOANS REMAINING OUTSTANDING UNDER ITS SENIOR CREDIT FACILITIES.HUNTSMAN CORP - HUNTSMAN NOW HOLDS ABOUT 55% INTEREST IN VENATOR.  Full Article

Clariant - open to White Tale suggestions, will work for all shareholders
Monday, 30 Oct 2017 02:37am EDT 

Oct 30 (Reuters) - Clariant AG :Clariant says several talks took place with white tale since last friday.Clariant says will continue this exchange as part of our ongoing dialog with all our shareholders.Clariant says during this process we will of course consider white tale’s requests.Clariant says clariant will nonetheless keep the interest of all stakeholders in mind when talking to white tale.Clariant says we remain confident that reasonable discussions will take place that focus on the long term sustainable future of clariant.  Full Article

White Tale says seeking dialogue with Clariant, will comment later
Friday, 27 Oct 2017 08:53am EDT 

Oct 27 (Reuters) - Clariant Ag :Activist investor White Tale says we're seeking dialogue with Clariant management and will comment later.  Full Article

Huntsman, Clariant mutually agree to abandon planned merger of equals
Friday, 27 Oct 2017 01:00am EDT 

Oct 27 (Reuters) - Huntsman Corp - :Huntsman and Clariant mutually agree to abandon planned merger of equals.‍Decision was unanimously approved by boards of directors of Huntsman and Clariant​.Too much uncertainty if Clariant will be able to secure two-thirds shareholder approval that is required to approve deal under Swiss law​.Decided jointly to terminate merger agreement, stop substantial expenditure of funds associated with integration planning​.‍No fees are currently payable under terms of termination agreement​.  Full Article

Atlantic's Roepers: Huntsman could gain 60 percent in next 12-18 months

NEW YORK Atlantic Investment Management's Alex Roepers recommended Huntsman Corp as his best idea on Wednesday during the Delivering Alpha conference, sending the shares up nearly 4 percent.