Valhi, Inc. reports developments for a diversified holding company engaged in chemicals, component products, and real estate management and development. Its largest recurring operating focus is the Chemicals segment, which produces and markets value-added titanium dioxide pigments, or TiO2, used in paints, plastics, paper, fibers, and ceramics.
Company updates commonly cover quarterly earnings, segment operating results, TiO2 sales volumes and selling prices, currency effects, tax items, environmental remediation matters, and regular common-stock dividends. News also reflects performance in component products, including security products and recreational marine components, and activity in real estate management and development.
Valhi, Inc. (NYSE: VHI) announced a 1-for-12 reverse stock split approved by shareholders at its annual meeting on May 28, 2020. This measure, effective June 1, aims to reduce NYSE listing fees and ensure compliance with share price rules after a deficiency notice. Additionally, a quarterly dividend of $0.08 per share was declared, payable on June 25, 2020, to shareholders of record on June 16. Stockholders also elected directors and approved executive compensation for the upcoming year.