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Olin Corp. - OLN STOCK NEWS

Welcome to our dedicated news page for Olin (Ticker: OLN), a resource for investors and traders seeking the latest updates and insights on Olin.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Olin's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Olin's position in the market.

News
Rhea-AI Summary
Olin Corporation (NYSE: OLN) appoints Kenneth Lane as President and CEO, replacing Scott Sutton. Lane brings over 30 years of experience in the chemical industry. Olin aims to leverage Lane's expertise to drive growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
management
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Rhea-AI Summary
Olin Corporation (OLN) has been named co-winner of the 2024 Global Innovation Award by JEC Composites in the Renewable Energies category for the Circular Economy for Thermoset Epoxy Composites (CETEC) project. Olin's partnership with Vestas Wind Systems A/S, Aarhus University, Danish Technological Institute, and Stena Recycling has resulted in a novel sustainability solution for recycling materials from wind blades, employing a proprietary chemical process. This innovation has the potential to establish a circular economy for wind blades and expand to other industries beyond wind energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none
-
Rhea-AI Summary
Olin Corporation (OLN) reported a net income of $52.9 million for the fourth quarter of 2023, with quarterly adjusted EBITDA of $210.1 million and share repurchases of $711.3 million in 2023. The company expects 2024 adjusted EBITDA to improve from 2023. Sales in the fourth quarter of 2023 were $1,614.6 million, compared to $1,977.0 million in the fourth quarter of 2022. Full year 2023 reported net income was $460.2 million, or $3.57 per diluted share, which compares to full year 2022 reported net income of $1,326.9 million, or $8.94 per diluted share. Olin's CEO, Scott Sutton, expressed confidence in the company's future and its capital allocation strategy, despite the challenging economic environment of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
Tags
earnings
Rhea-AI Summary
Olin Corporation (NYSE: OLN) to Review Fourth Quarter 2023 Financial Results in Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
Tags
earnings
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Rhea-AI Summary
Olin Corporation reports third quarter 2023 financial results, with net income of $104.1 million and adjusted EBITDA of $314.8 million. The company plans to focus on actions to improve 2024. Share repurchases of $202.1 million were made in the third quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.03%
Tags
earnings
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News
Rhea-AI Summary
Olin Corporation achieves ISCC PLUS certification for its Stade facility in Germany
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
Rhea-AI Summary
Olin Corporation completes acquisition of White Flyer Targets, combining it with Winchester Ammunition business. The acquisition includes five manufacturing facilities and the ECO FLYER® target product line. Olin funded the transaction with cash on hand and expects it to be immediately accretive to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
acquisition
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Rhea-AI Summary
Olin Corporation will review its third quarter 2023 financial results on October 27, 2023. A press release will be distributed after the market closes on October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
earnings
-
News
Rhea-AI Summary
Olin Corporation announced that Scott Sutton will step down as President, CEO, and Chairman of the Board in the first half of 2024. Sutton has led a strategic transformation of Olin since 2020. Olin is a leading global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.41%
Tags
none
Rhea-AI Summary
Olin Corporation (NYSE: OLN) to acquire White Flyer Targets, LLC and combine with Winchester Ammunition business. The acquisition includes five manufacturing facilities and the recently announced ECO FLYER® target product line. Transaction expected to be completed in Q4 2023. Olin would fund the transaction with cash on hand and anticipates it to be immediately accretive to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
acquisition
Olin Corp.

NYSE:OLN

OLN Rankings

OLN Stock Data

6.97B
119.51M
0.31%
90.04%
2.09%
Other Chemical and Allied Products Merchant Wholesalers
Wholesale Trade
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US
Clayton

About OLN

olin corporation (nyse: oln) has a long history of supplying quality products and services to our customers, while generating value for our shareholders. on a daily basis, we are meeting our customers'​ evolving needs through innovation and an unwavering commitment to exceeding expectations and maintaining the highest ethical standards. olin's 6,300 dedicated employees across the globe are also fully committed to being good neighbors and environmental stewards in the communities in which we operate. download the olin careers app today.