Welcome to our dedicated page for Eastman Chem Co news (Ticker: EMN), a resource for investors and traders seeking the latest updates and insights on Eastman Chem Co stock.
Eastman Chemical Company (NYSE: EMN) is a global specialty materials manufacturer headquartered in Kingsport, Tennessee. Founded in 1920, Eastman produces a broad range of products used in everyday items and serves end markets such as transportation, building and construction, and consumables. This news page aggregates company announcements and market updates related to EMN.
Investors and followers of Eastman can use this feed to review earnings releases, dividend declarations, and other material events disclosed through press releases and conference presentations. Recent communications have highlighted themes such as cash generation, cost structure actions, and the performance of specialty businesses in a challenging macroeconomic environment.
Typical news items for Eastman include quarterly and annual financial results, updates on its circular economy and methanolysis initiatives, and commentary on demand trends in key end markets. The company also issues news about Board and executive changes, including director appointments and leadership transitions in technology and sustainability roles. In addition, Eastman frequently announces participation in investor conferences, with live and replay webcasts hosted through its investor relations site.
This page focuses on news that Eastman releases through wire services and other public channels, providing a centralized view of developments that can affect how the market evaluates EMN. Readers interested in the specialty materials and plastics material and resin manufacturing industry can monitor this stream to follow Eastman’s public communications over time and to compare its disclosures with broader sector conditions.
The Board of Directors of Eastman Chemical Company (NYSE:EMN) has appointed Eric L. Butler as a director. Butler, formerly an Executive Vice President and Chief Administrative Officer at Union Pacific Corporation, brings extensive corporate management experience from his 32-year career. He has held various leadership roles, enhancing operational efficiency and strategic planning. His diverse skills are anticipated to bolster Eastman’s innovation-driven growth model. The company reported approximately $10.5 billion in revenue for 2021.
The Board of Directors of Eastman Chemical Company (NYSE:EMN) declared a quarterly cash dividend of
This dividend is payable on
Eastman Chemical Company (NYSE:EMN) reported strong financial results for Q2 2022, with revenue rising 15% to
Eastman Chemical Company (NYSE:EMN) is set to announce its financial results on July 28, 2022, at approximately 4:30 p.m. Eastern Time. The results will be distributed via wire and posted on their official website. A webcast and teleconference for investors is scheduled for July 29, 2022, at 8:00 a.m. Eastern Time. Advance slides will be available on their investors page prior to the call. Replay options will include a downloadable MP3 format and a telephone replay available through August 8, 2022.
The Société de Chimie Industrielle will present the 2022 International Palladium Medal to Mark J. Costa, Chair and CEO of Eastman, on September 12, 2022, at New York Hilton Midtown. This award recognizes his substantial contributions and leadership in the chemical industry, particularly in promoting innovation and sustainability. Under his guidance, Eastman has embarked on a transformation towards specialty materials and launched molecular recycling technologies to address global waste and climate challenges.
Eastman Chemical Company (NYSE:EMN) will be represented by Willie McLain, Senior Vice President and Chief Financial Officer, at the Deutsche Bank Global Materials Conference on June 9, 2022, at 9:00 a.m. ET. The event will provide insights into the company's strategic direction and market positioning. A live webcast of the presentation will be available on the investors.eastman.com. An audio replay will also be accessible following the event.
Eastman Chemical Company (NYSE:EMN) has launched an accelerated share repurchase (ASR) agreement worth $500 million in collaboration with Wells Fargo and Mizuho Markets. This move accelerates the company's goal of repurchasing over $1 billion in shares within 2022, with $750 million already completed in Q2. After the ASR, Eastman will have about $2.12 billion remaining under its share repurchase authorization. The ASR is scheduled to approximate 3.8 million shares to be repurchased by May 9, 2022, bolstering shareholder value.
At the annual meeting of Eastman Chemical Company (NYSE:EMN), shareholders reelected directors, approved executive compensation, and ratified PricewaterhouseCoopers LLP as the independent auditor for 2022. However, a proposal to lower the ownership threshold for calling special meetings from 25% to 10% was rejected. The proxy statement detailing these actions is available for investors. Eastman, founded in 1920, reported approximately $10.5 billion in revenue for 2021 and employs about 14,000 people globally, focusing on innovation and sustainability.
The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.76 per share, payable on July 8, 2022. Shareholders of record as of June 15, 2022 will receive this dividend. Founded in 1920, Eastman operates globally, focusing on innovative products in various sectors such as transportation and construction, with a reported revenue of approximately $10.5 billion in 2021. The company emphasizes sustainability and safety while engaging deeply with customers.
Eastman Chemical Company (NYSE:EMN) reported a strong first-quarter 2022 with a 13% year-over-year revenue increase to $2,714 million, despite challenges from a steam line incident at its Kingsport facility. Notably, the company achieved a 17% rise in selling prices to offset inflationary pressures. Adjusted EPS guidance remains at
FAQ
What is the current stock price of Eastman Chem Co (EMN)?
What is the market cap of Eastman Chem Co (EMN)?
