Welcome to our dedicated page for Huntsman news (Ticker: HUN), a resource for investors and traders seeking the latest updates and insights on Huntsman stock.
Huntsman Corporation (NYSE: HUN) is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals, and the HUN news page on Stock Titan aggregates company-specific developments that matter to investors and industry followers. Huntsman’s products, which include differentiated organic chemical categories such as MDI, amines, maleic anhydride and epoxy-based polymer formulations, are used by manufacturers serving a broad range of consumer and industrial end markets, including adhesives, aerospace, automotive and construction-related products.
The news flow for Huntsman often centers on quarterly earnings announcements, segment performance for Polyurethanes, Performance Products and Advanced Materials, and management’s commentary on pricing, volumes, restructuring and cost optimization programs. Press releases provide details on revenues, net income or loss, adjusted net income or loss, adjusted EBITDA, free cash flow from continuing operations and capital expenditures, along with explanations of how factors such as construction demand, coatings and aerospace markets, and competitive pressures affect results.
Investors can also follow updates on dividends declared by the Board of Directors, including changes to the regular quarterly dividend level, as well as disclosures about plant closures, workforce reductions and other restructuring steps. Executive leadership changes, such as the retirement of senior officers and the appointment of new Executive Vice Presidents and General Counsel, are reported through press releases and corresponding Form 8-K filings.
By reviewing Huntsman news in one place, readers can track scheduled earnings conference calls, outlook updates, facility outages that affect segment performance, and capital structure developments such as amendments to receivables financing programs. Bookmarking the HUN news page provides a centralized view of how Huntsman communicates its financial performance, strategic actions and governance changes over time.
Huntsman Corporation (NYSE: HUN) has declared a $0.2125 per share cash dividend, marking a 13% increase compared to the previous dividend. The dividend is scheduled for payment on March 31, 2022, for stockholders on record as of March 15, 2022. Chairman and CEO Peter Huntsman confirmed that this decision reflects the company’s strong business results and outlook, emphasizing their commitment to providing value to shareholders.
Huntsman Corporation (NYSE: HUN) filed its preliminary proxy materials with the SEC for the Annual Meeting of Stockholders on March 25, 2022. The Board has completed a refreshment plan since 2017, appointing eight new independent directors, including three in January 2022. Huntsman has engaged with Starboard to avoid a proxy contest, but faced challenges in collaboration. The company believes that its strategic initiatives align with suggestions from Starboard, which include a 15% dividend increase in April 2021 and a $1 billion share repurchase authorization. Huntsman remains committed to shareholder interests.
Huntsman Corporation (NYSE: HUN) has announced a series of strategic initiatives aimed at enhancing shareholder value. These include initiating a strategic review of the Textile Effects Division, authorizing $1 billion in share repurchases over the next three years, implementing a multi-year incentive compensation program, and completing a Board refreshment process with independent directors. The company has divested around 40% of its businesses, generating significant shareholder returns, outperforming the S&P 500.
Starboard Value LP, owning approximately 8.6% of Huntsman Corporation (HUN), has nominated four director candidates for the 2022 Annual Meeting. The investment firm cites opportunities for enhancing Huntsman's operational performance and capital allocation to unlock shareholder value. Starboard criticizes the company's historical underperformance and lack of execution on financial targets, highlighting a $350 million decline in Adjusted EBITDA since 2014. The firm believes that fresh board representation is essential for restoring investor confidence and improving Huntsman's valuation.
Huntsman Corporation (NYSE: HUN) has appointed David B. Sewell to its Board of Directors, enhancing its leadership team with his extensive experience in the materials sector. This move aligns with Huntsman's ongoing Board succession plan and follows a strategic review of its Textile Effects Division aimed at boosting shareholder value. The appointment marks the addition of the sixth independent director in 18 months, following the recent retirements of long-standing board members. Huntsman emphasizes its commitment to achieving ambitious financial targets set during the November Investor Day.
Huntsman Corporation (NYSE: HUN) will host a conference call on February 15, 2022, at 10:00 a.m. ET to review its fourth quarter 2021 financial results, which will be disclosed at 6:00 a.m. ET the same day. Participants can join via a webcast link or by using dial-in numbers for domestic and international callers. Huntsman reported revenues of approximately $6 billion in 2020 and operates more than 70 facilities globally with about 9,000 employees.
Huntsman Corporation (NYSE: HUN) announced the appointment of Curtis E. Espeland and José Muñoz as new independent directors, effective January 1, 2022. Cynthia L. Egan is now the Lead Independent Director, while Sonia Dulá joins the Compensation Committee. These changes are part of Huntsman’s director succession plan aimed at improving governance and aligning with its strategic growth goals. The company also announced upcoming retirements of three directors, effective at the 2022 Annual Meeting of Stockholders on March 25, 2022, signifying ongoing board refreshment and commitment to shareholder value.
Huntsman Corporation (NYSE: HUN) announced a strategic review of its Textile Effects Division, which may include a potential sale, expected to commence in Q1 2022. The division is projected to generate approximately $100 million of Adjusted EBITDA in 2021. Additionally, Huntsman introduced a multi-year compensation plan for management, aligning with targets set during the November Investor Day. This plan incorporates performance-based equity incentives tied to shareholder return and cash flow metrics, aiming to enhance shareholder value.
Huntsman Corporation (NYSE: HUN) hosted its Investor Day on Nov. 9, 2021, providing insights into its growth strategy and financial targets. CEO Peter R. Huntsman highlighted operational improvements since 2016 and announced a $1 billion share repurchase plan. The company aims for approximately $1.4 billion in adjusted EBITDA for 2022, with an EBITDA margin target of 18-20% post-2022. Huntsman emphasizes financial discipline, strong cash generation, and a balanced approach to capital allocation, positioning itself for shareholder value creation.
Huntsman Corporation (NYSE: HUN) will hold an investor meeting on November 9, 2021, at 10:30 a.m. ET, to discuss its business strategies and long-term plans. Key presenters include Peter Huntsman, the Chairman and CEO, along with senior leadership. A live webcast will be available, and materials can be accessed on www.huntsman.com/investor-day. Huntsman reported $6 billion in revenues for 2020 and operates over 70 facilities globally.