[8-K] Olin Corp. Reports Material Event
Olin Corporation's Board approved an amendment to its Bylaws effective August 13, 2025 that revises procedural and disclosure requirements for shareholder director nominations and proposals and requires any director candidate to be available for interview; the full text is filed as Exhibit 3.1 and is incorporated by reference.
The Board also declared a quarterly dividend of $0.20 per share, payable on September 12, 2025 to shareholders of record at the close of business on August 28, 2025. This payment represents Olin's 395th consecutive quarterly dividend, continuing the company's long record of regular cash distributions.
- Quarterly dividend of $0.20 per share declared, payable September 12, 2025, with record date August 28, 2025.
- 395th consecutive quarterly dividend highlights a long history of regular cash distributions to shareholders.
- Amended Bylaws filed as Exhibit 3.1, providing the full text of procedural and disclosure revisions for shareholder nominations.
- None.
Insights
TL;DR: Board declared $0.20 quarterly dividend and amended bylaws; dividend continuity signals ongoing shareholder distributions.
The Board declared a $0.20 quarterly dividend payable on September 12, 2025 to holders of record on August 28, 2025, marking the 395th consecutive quarterly dividend. For income-focused investors, the declaration confirms management's intent to continue regular cash returns in the near term. The filing also includes an updated set of bylaws (filed as Exhibit 3.1), which the company says revises shareholder nomination and proposal procedures.
TL;DR: Bylaw amendments revise shareholder nomination procedures and require director candidates to be available for interview; full text filed as Exhibit 3.1.
The amendment, effective August 13, 2025, revises procedural and disclosure requirements applicable to shareholder director nominations and proposals and requires any director candidate to make himself or herself available for interview by the Board. The company describes the changes as including clarifying, conforming and ministerial updates. The full amended bylaws are included as Exhibit 3.1.