KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING
Kronos Worldwide (NYSE: KRO) announced on May 15, 2024, that its board of directors has declared a regular quarterly dividend of $0.19 per share on its common stock.
Sentiment and the balance of points
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Rhea-AI Summary
Kronos Worldwide (NYSE: KRO) announced on May 15, 2024, that its board of directors has declared a regular quarterly dividend of $0.19 per share on its common stock. The dividend is payable on June 20, 2024, to stockholders of record at the close of business on June 10, 2024.
At the 2024 annual stockholder meeting, the stockholders elected directors including James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner for a one-year term. Additionally, a resolution approving the compensation of named executive officers on a nonbinding advisory basis was adopted.
Kronos Worldwide is a significant producer of titanium dioxide products.
Positive
- Declared a quarterly dividend of $0.19 per share, payable on June 20, 2024.
- Successful election of all nominated directors for a one-year term.
- Adoption of a resolution approving executive compensation.
Negative
- No mention of revenue, profit figures, or financial performance metrics.
- Lack of new business developments or strategic initiatives.
Details
News Market Reaction – KRO
The recorded move for KRO in the trading session of this news was +4.09%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, TEXAS, May 15, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents (
Kronos Worldwide also announced that at its 2024 annual stockholder meeting held today its stockholders had:
- elected each of James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner as a director for a one-year term; and
- adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual stockholder meeting; and
Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.
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Investor Relations Contact
Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700
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