Olin Boosts Stock Buyback Authorization to $2 Billion

Dec 12, 2024  · Olin's board has added $1.3 billion to the chemical maker's share-repurchase program, boosting the authorization to $2 billion. Olin on Thursday said the increased buyback …


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Olin Boosts Stock Buyback Authorization To $2 Billion

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Dec 12, 2024  · Olin's board has added $1.3 billion to the chemical maker's share-repurchase program, boosting the authorization to $2 billion. Olin on Thursday said the increased buyback …

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Olin Increases Share Buyback Authorization To $2B - MSN

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Olin (NYSE:OLN) said its board has approved a new share buyback program, which increases the authorization to $2 billion. On September 30, the firm had remaining authorization to …

msn.com

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Olin Corp (OLN) Announces $2 Billion Share Repurchase Program At

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Olin Corp (OLN, Financial), a leading global manufacturer and distributor of chemical products and ammunition, hosted its 2024 Investor Day in New York City on December 12, 2024.During …

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Olin Stock Gains After Boosting Share Repurchase Program To $2 …

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Dec 12, 2024  · Olin (NYSE: OLN) Corporation, a global leader in chemical manufacturing and a top U.S. ammunition producer, has announced an increase in its share repurchase program to …

investing.com

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Olin Unveils Massive $2B Share Buyback Program At 2024 Investor …

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Dec 12, 2024  · Olin (NYSE: OLN) hosted its 2024 Investor Day in New York City, where management presented updates on core businesses, long-term strategy, and financial targets. …

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Olin Increases Share Repurchase Program To $2B - Nasdaq

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Dec 12, 2024  · "Additionally, we are pleased to announce that our Board of Directors has authorized a new share repurchase program ("2024 Share Repurchase Program"), increasing …

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Olin Boosts Share Repurchase Authorization To $2 Billion

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Dec 12, 2024  · Olin Corporation announced an increase in its share repurchase authorization to $2.0 billion, with a new authorization of $1.3 billion for repurchasing common stock.

nasdaq.com

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Olin Corp. Increases Share Repurchase Authorization To $2B

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Apr 15, 2023  · As of September 30, 2024, Olin had approximately $0.7 billion remaining in authorization under its existing stock repurchase plan approved in July 2022. The new $1.3 …

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Olin Hosts 2024 Investor Day And Announces Increase In Share …

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Dec 12, 2024  · On September 30, 2024, Olin had remaining authorization to repurchase approximately $0.7 billion of the Company's common stock under its existing stock repurchase …

prnewswire.com

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Olin Approves $1.30 Billion Stock Buyback Plan

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-- Olin said Thursday the board has approved a new $1.30 billion stock buyback plan, expanding its total authorization to $2 billion. The buyback plan has no expiration date, the company said. ...

marketscreener.com

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Olin Announces $2 Billion Share Repurchase Program - Investing.com

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Dec 12, 2024  · As of September 30, 2024, Olin had approximately $0.7 billion remaining under its "2022 Share Repurchase Program." The new authorization does not affect the existing …

investing.com

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Olin Hosts 2024 Investor Day And Announces Increase In

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Dec 12, 2024  · On September 30, 2024, Olin had remaining authorization to repurchase approximately $0.7 billion of the Company's common stock under its existing stock repurchase …

morningstar.com

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Olin Stock Gains After Boosting Share Repurchase Program To $2 …

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Dec 12, 2024  · Olin (NYSE: OLN) Corporation, a global leader in chemical manufacturing and a top U.S. ammunition producer, has announced an increase in its share repurchase program to …

investing.com

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Olin Hosts 2024 Investor Day And Announces Increase In Share …

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Dec 20, 2024  · Olin Hosts 2024 Investor Day and Announces Increase in Share Repurchase Authorization to $2.0 Billion PR Newswire CLAYTON, Mo., Dec. 12, 2024 CLAYTON, Mo., …

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Olin Plans New Share Repurchase Program, Increasing …

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Dec 12, 2024  · On September 30, 2024, Olin had remaining authorization to repurchase approximately $0.7 billion of the Company's common stock under its existing stock repurchase …

sahmcapital.com

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GEV, MTCH, And OLN Stocks: Massive Buybacks In Focus

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5 days ago  · Olin NYSE: OLN is a lesser-known name, but its recent share buyback authorization is anything but small. The $2 billion authorization was recently increased from $700 million. …

marketbeat.com

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Olin Boosts Share Repurchase Authorization To $2 Billion

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Dec 12, 2024  · Olin ( ) has issued an update. Olin Corporation announced an increase in its share repurchase authorization to $2.0 billion, with a new authorization of $1.3 billion for …

businessinsider.com

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Olin (NYSE:OLN) Reaches New 12-Month Low - What's Next?

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2 days ago  · Olin announced that its board has approved a share buyback plan on Thursday, December 12th that allows the company to repurchase $2.00 billion in outstanding shares. …

marketbeat.com

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Olin : Hosts 2024 Investor Day And Announces Increase In Share ...

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Dec 12, 2024  · On September 30, 2024, Olin had remaining authorization to repurchase approximately $0.7 billion of the Company's common stock under its existing stock repurchase …

marketscreener.com

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Olin Corporation Stock: Shares Are Cheap Even With Subdued …

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2 days ago  · Olin carries $226 million of cash and $2.7 billion of net debt for 2.7x net leverage vs a sub-2x target. ... 12 increase in its share buyback authorization of $1.3 billion to $2 billion. …

seekingalpha.com

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3 Stocks Ringing In The New Year With Large Buyback …

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5 days ago  · Olin: Materials Stock With Massive Buyback Announcement and +30% Upside. Olin (NYSE: OLN) is a lesser-known name, but its recent share buyback authorization is anything …

nasdaq.com

FAQs about Olin Boosts Stock Buyback Authorization to $2 Billion Coupon?

Why did Olin increase its share repurchase authorization?

Olin ( (OLN) ) has issued an update. Olin Corporation announced an increase in its share repurchase authorization to $2.0 billion, with a new authorization of $1.3 billion for repurchasing common stock. This move reflects the company’s confidence in its earnings potential and cash flow generation. ...

Does Olin have a share buyback authorization?

Olin (NYSE: OLN) is a lesser-known name, but its recent share buyback authorization is anything but small. The $2 billion authorization was recently increased from $700 million. With a market capitalization of just under $3.9 billion, the authorization represents nearly 52% of the company’s value. ...

Why did Olin add $1.3 billion to its share-repurchase program?

By Colin Kellaher Olin's board has added $1.3 billion to the chemical maker's share-repurchase program, boosting the authorization to $2 billion. Olin on Thursday said the increased buyback reflects continued confidence in its earnings potential and cash-flow generation. ...

Why did Olin buy back its shares?

Olin on Thursday said the increased buyback reflects continued confidence in its earnings potential and cash-flow generation. The Clayton, Mo., company had nearly 116.6 million shares outstanding as of Sept. 30 and sports a market capitalization topping $4.4 billion. ...

Are Olin shares a good buy?

With a 10% free cash flow yield and potential 25-30% return, Olin shares are a strong buy, despite market downturns and subdued construction activity. Shares of Olin Corporation (NYSE: OLN) were an especially poor performer in 2024, losing about 38% as the company struggled with Chinese demand amid the ongoing downturn in its construction sector. ...

Is OLN more exposed to end-market trends than its own actions?

Ultimately, though, as a commodity producer, OLN is more exposed to end-market trends than its own potential actions. This financial position is a reason I would not read much into its December 12 increase in its share buyback authorization of $1.3 billion to $2 billion. ...

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