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Kronos Worldwide, Inc. Announces Quarterly Dividend and Results of Annual Stockholder Meeting
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Dallas, Texas, May 18, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on June 16, 2022 to stockholders of record at the close of business on June 6, 2022.
Kronos Worldwide also announced that at its 2022 annual stockholder meeting held today its stockholders had:
elected each of Loretta J. Feehan, Robert D. Graham, John E. Harper, Meredith W. Mendes, Cecil H. Moore, Jr., Thomas P. Stafford, 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 2022 annual stockholder meeting.
Following the annual meeting of stockholders, today the Kronos Worldwide board of directors increased the size of the board from seven to nine and elected R. Colin Gouveia and James M. Buch to fill the newly created vacancies. The board of directors also appointed Mr. Gouveia to serve on its audit committee.
Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.
kronos worldwide, inc. produces and markets titanium dioxide pigments (tio2) in europe, north america, the asia pacific, and internationally. the company produces tio2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. it also produces ilmenite, a raw material used directly as a feedstock by sulfate-process tio2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; titanium oxychloride for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices; and titanyl sulfate that is used in pearlescent pigments, natural gas pipe, and other sp
