IHS Chemical Week

People & Business :: Companies

Albemarle Widens Share Repurchase Program, Raises Dividend

8:36 AM MDT | October 13, 2011 | Vincent Valk

Albemarle has increased the size of its share repurchase program to 5 million shares, and raised its quarterly dividend to 17.5 ct/share, the company says. The dividend is payable on January 1 of next year, and the annualized dividend now totals 70 cts/share.   Albemarle repurchased 3 million shares in the third-quarter of this year. The company had 88.76 million shares outstanding as of September 30. Shares in Albemarle closed at $47.44 on October 12.   "The strength of our balance sheet enabled the intra-quarter share repurchases and the Board's...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa