IHS Chemical Week

People & Business :: Companies

LyondellBasell plans interim dividend, share repurchase

7:27 AM MST | February 13, 2013 | Clay Boswell

LyondellBasell Industries (Rotterdam) on Tuesday announced that its supervisory board has authorized an interim dividend of 40 cts/share, to be paid 18 March, pending approval by the company's management board. The supervisory board will also ask shareholders to authorize the repurchase of up to 10% of outstanding shares over a period of 18 months. Under Dutch law, companies must receive shareholder approval to repurchase...

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