OLN dividend history
Olin Corporation (OLN) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Olin to Take a Fourth Quarter 2025 Charge Following Verdict in Shintech v. Olin LitigationCLAYTON, Mo., Feb. 12, 2026 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global manufacturer and distributor of chemical products, today issued an update following a recent verdict in a litigation matter filed by Shintech Incorporated ("Shintech") against Olin Corporation and its wholly owned subsidiary, Blue Cube Operations LLC (collectively, "Olin"). In April 2023, Shintech filed a lawsuit seeking damages against Olin. The litigation involved a pricing dispute between Shintech and Olin, a 2023 maintenance turnaround of a vinyl chloride monomer (VCM) plant and a dis
- Olin Enters Strategic Partnership with Braskem to Drive Vinyls Value GrowthCLAYTON, Mo., Nov. 11, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN), the leading global chlor alkali producer, today announced a strategic partnership with Braskem, one of the largest petrochemical companies in the Americas and the leading producer of polyvinyl chloride (PVC) in South America. The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil. This agreement marks a significant advancement in Olin's global vinyls strategy, establishing a sus
- Olin - Winchester Completes Acquisition of Small Caliber Ammunition Manufacturing AssetsCLAYTON, Mo., April 18, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it has completed the previously announced acquisition of the small caliber ammunition assets of AMMO, Inc. The assets, employees and ammunition business are now part of Olin's Winchester Ammunition business, including the brass shellcase capabilities and a newly constructed, world-class, 185,000 square foot production facility located in Manitowoc, Wisconsin. The facility and its skilled employees complement Winchester's existing production capabilities, enabling greater specializati
- Groundbreaking Ceremony for State-of-the-Art 6.8mm Ammunition Facility at the Lake City Army Ammunition PlantCLAYTON, Mo., Feb. 5, 2025 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced that its Winchester division, in collaboration with the U.S. Army's Joint Program Executive Office for Armaments and Ammunition (JPEO A&A) and Joint Munitions Command (JMC), celebrated the groundbreaking of the new 6.8mm Ammunition Facility at the Lake City Army Ammunition Plant (LCAAP). This facility is part of the Next Generation Squad Weapons (NGSW) Program and represents a significant step in the Army's modernization efforts. Ken Lane, Olin President & CEO, noted during his remarks at the even
- Olin Hosts 2024 Investor Day and Announces Increase in Share Repurchase Authorization to $2.0 BillionCLAYTON, Mo., Dec. 12, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) will host an Investor Day in New York City today, beginning at 9:00am (ET). The event is expected to conclude at approximately 12:00pm (ET). A live webcast of the presentation, along with the presentation materials, will be available at https://www.olin.com. A replay of the 2024 Investor Day will be available within 24 hours of the event's conclusion. Ken Lane, President & CEO, will be joined by members of the Executive Leadership Team, who will deliver updates on Olin's core businesses, long-term value cr
- Olin Corporation Lifts Systemwide Force Majeure for Chlor-Alkali ProductsCLAYTON, Mo., Aug. 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global manufacturer of chemical products and ammunition, announced today that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024. Chlor-alkali and derivative production has been returned to operation. A temporary disruption of its Freeport, Texas operations had occurred as a result of Hurricane Beryl. Olin's Epoxy business is in the process of restarting its Aromatics assets which remain under force majeure. Olin remains committed to the safe and reliable operation of its assets.
- Olin Corporation Provides Update on Hurricane BerylCLAYTON, Mo., July 10, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced a temporary disruption of operations at its Freeport, Texas, facility as a result of Hurricane Beryl. Olin has declared a system-wide Force Majeure for its Chlor Alkali Products & Vinyls division products and Aromatics shipments. This disruption is a result of hurricane-related damage to Olin facilities in Freeport, Texas, impacting Olin's normal production and logistics capabilities including access to power, raw materials, and other essential feedstocks and services. Olin facilities in Freeport
- Olin Among European Union Epoxy Resin Producers Lodging an Anti-Dumping Complaint Against Four CountriesCLAYTON, Mo., July 1, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), as a member of the Ad Hoc Coalition of Epoxy Resin Producers (Coalition), comprised of Olin, Westlake Corporation (NYSE:WLK), and Spolchemie, announces that the European Commission has initiated an anti-dumping proceeding concerning imports of epoxy resins from China, the Republic of Korea, Taiwan, and Thailand. This notice of initiation published today in the European Union (EU) Official Journal results from a complaint lodged by the Coalition to investigate the level of dumping practiced by Chinese, Korean, Taiwanese, and Thai exporters on the EU market and whether dumped imports from the four targeted countries have c
- Olin Announces New President, Chlor Alkali Products & VinylsCLAYTON, Mo., May 23, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that Olin's Board of Directors has appointed Deon Carter as Vice President & President, Chlor Alkali Products & Vinyls effective June 17, 2024. Commenting on Mr. Carter joining Olin Corporation, President and Chief Executive Officer Ken Lane said "Deon's extensive career in the chemical and related industries will be a great addition for Olin in order to continue advancing our winning model. I look forward to Deon continuing to drive performance in our Chlor Alkali Products & Vinyls business and further developing the great team we have."
- Olin Among U.S. Epoxy Resin Producers Filing Trade Cases Against Five CountriesCLAYTON, Mo., April 3, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN) today announced the filing of antidumping and countervailing duty petitions against five countries related to certain epoxy resins, as part of the U.S. Epoxy Resin Producers Ad Hoc Coalition. The petitions charge that unfairly traded imports of certain epoxy resins from China, India, South Korea, Taiwan, and Thailand are causing material injury to the domestic epoxy resin industry. The petitions further charge that significant subsidies have been provided to the foreign producers by the governments of China, India, South Korea, and Taiwan. The U.S. producers in the Coalition, including Olin, produce epoxy resins, an esse
- Olin Announces New CEOCLAYTON, Mo., Feb. 19, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today announced the Board of Directors has appointed Kenneth Lane as President and Chief Executive Officer and Director of Olin Corporation effective March 18, 2024. Scott Sutton will step down as President, Chief Executive Officer and Director effective the same day and will work with Mr. Lane to facilitate a smooth transition of leadership responsibilities. Olin also announced Mr. Sutton stepped down as Executive Chairman of the Board of Directors, and William Weideman was appointed Chairman, effective
- Olin Recognized with JEC Innovation Award for Wind Blade Circularity SolutionCLAYTON, Mo., Feb. 8, 2024 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading global Epoxy customer solution provider, has been named co-winner of the 2024 Global Innovation Award by JEC Composites (Journées Europèennes des Composites) in the Renewable Energies category as part of the Circular Economy for Thermoset Epoxy Composites (CETEC) project. Olin partnered with Vestas Wind Systems A/S (Denmark), Aarhus University (Denmark), Danish Technological Institute (Denmark), and Stena Recycling (Denmark and Sweden) on this project. "We are honored to receive the 2024 Innovati
- Olin - Winchester to Acquire White Flyer Targets BusinessCLAYTON, Mo., Aug. 23, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced an agreement to acquire the assets of White Flyer Targets, LLC, North America's preeminent leader in recreational trap, skeet, and sporting clay targets, and combine it with the Winchester Ammunition business. The acquisition includes White Flyer's five state of the art manufacturing facilities in Coal Township, Pennsylvania; Dalton, Georgia; Webb City, Missouri; Knox, Indiana; and, San Bernardino, California and includes White Flyer's recently announced ECO FLYER® target product line. "We are ex
- Olin Updates Second Quarter 2023 Outlook and Announces Additional Epoxy Restructuring ActionsCLAYTON, Mo., June 20, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today an updated outlook for the second quarter 2023. Olin's second quarter 2023 adjusted EBITDA is expected to be in the $350 to $360 million range, which is lower than previously expected mainly due to an approximately $50 million impact from an extended vinyl chloride monomer plant turnaround and additionally due to a lower market participation rate by Olin in the face of deteriorating market conditions. The planned vinyl chloride monomer plant maintenance turnaround at the Freeport, Texas facility required an extension of approximately seven weeks and resulted in higher unabsorbed fixed manufacturing costs,
- Olin Announces Epoxy Facility Closures as Part of On-Going Restructuring ProgramCLAYTON, Mo., March 21, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it has made the decision to cease operations at its Cumene facility in Terneuzen, Netherlands and solid epoxy resin production at its facilities in Gumi, South Korea and Guaruja, Brazil. Olin's first quarter 2023 results are forecast to include approximately $57 million of restructuring charges associated with these plans of which approximately $15 million of these restructuring charges represent non-cash asset impairment charges. The cash component of these charges is expected to be paid over the next three years.
- OLIN AND MITSUI ANNOUNCE COMMENCEMENT OF BLUE WATER ALLIANCE JOINT VENTURECLAYTON, Mo., Jan. 10, 2023 /PRNewswire/ -- Olin Corporation (NYSE:OLN) and Mitsui & Co., Ltd. (8031: JP) announced today that Blue Water Alliance JV, LLP has received all necessary regulatory approvals and it is beginning operations. Announced in March 2022, Blue Water Alliance (BWA) is a joint venture of Olin and Mitsui. BWA brings together Mitsui's industry-leading global logistics, long-established supplier and customer relationships, and breadth of product portfolio with Olin's scale, North American export capability, extensive global terminal network, and production flex
- Olin Announces the Resignation of Scott Ferguson from the Board of DirectorsCLAYTON, Mo., Nov. 10, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that Mr. Scott Ferguson, Managing Partner of Sachem Head Capital Management, has resigned from its Board of Directors. Mr. Ferguson commented, "I am proud to have served with this talented management team and Board as they navigated through COVID and accomplished a remarkable corporate turnaround, creating extraordinary value for shareholders in the process. Under the leadership of Scott Sutton and his team, I believe that the company is well-positioned for continued success in the future."
- Olin Announces Chlorinated Organics Capacity ReductionCLAYTON, Mo., Oct. 3, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it expects to cease methylene chloride and chloroform production at its Stade, Germany facility by third quarter 2023. Olin will continue to produce both products at its Freeport, Texas facility. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrog
- The Urvan Group Issues Letter to AMMO Inc. Shareholders Regarding its Nomination of a Full Slate of Highly Qualified Candidates for Election to the Company's Board of DirectorsDelivers Overview of New Strategy for Leveraging AMMO's Existing Assets and Evolving the Company into a Diversified, Growing and Profitable Ecommerce Powerhouse Highlights Long-Term Opportunity to Achieve $1 Billion in Annual Sales with Strong Cash Flows and Sustainable Margins, Resulting in Superior Value Creation for Shareholders Introduces Diverse Slate with Expertise in Corporate Governance, Ecommerce, Finance, M&A and Strategic Growth Across Relevant B2B and B2C Categories Steven Urvan (together with the other participants in his solicitation, the "Urvan Group" or "we"), who owns approximately 17.1% of the outstanding common shares of AMMO, Inc. (NASDAQ:POWW) ("AMMO" or the "Co
- OLIN ANNOUNCES CHLOR ALKALI CAPACITY REDUCTIONCLAYTON, Mo., Aug. 24, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it plans to permanently shut down approximately 225,000 ECU tons of diaphragm-grade chlor alkali capacity at its Freeport, TX facility. The closure is expected to be completed by year end 2022. "Including this closure, Olin will have rationalized over one million ECU tons of diaphragm-grade chlor alkali capacity in less than two years," remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer. "These actions demonstrate our commitment to lift and maintain our ECU
- OLIN PROVIDES OPERATIONS UPDATECLAYTON, Mo., June 14, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced that half of its Plaquemine, Louisiana chlor alkali facility has returned to operation, which has been down since April 2022, with the remainder expected to return to operations in early August 2022. Olin's Freeport, Texas facility continues to operate at a reduced level of power generation with the expectation that a portion of the power generation will be restored in fourth quarter 2022. In May, Olin resumed integrated epoxy resin production at its Stade, Germany facility, which had been temporarily idled in March 2022.
- Olin and Plug Power Partner to Produce Green Hydrogen in 15 Ton Per Day Plant to Serve North AmericaCLAYTON, Mo., April 28, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN), a leading vertically integrated chlor alkali producer and marketer, and Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced today the signing of a memorandum of understanding (MOU) with the intention to create a joint venture (JV) to produce and market green hydrogen to support growing fuel cell demand in the global hydrogen economy. The JV is the first of its kind and will provide reliability of supply and speed to market for g
- Plug Power and Olin Corporation Partner to Produce Green Hydrogen in 15 Ton Per Day Plant to Serve North AmericaLATHAM, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Olin Corporation (NYSE:OLN), a leading vertically integrated chlor alkali producer and marketer, announced today the signing of a memorandum of understanding (MOU) with the intention to create a joint venture (JV) to produce and market green hydrogen to support growing fuel cell demand in the global hydrogen economy. The JV is the first of its kind and will provide reliability of supply and speed to market for green hydrogen throughout North America, setting the foundation for broader collaboration between the two comp
- Olin and Mitsui Announce Blue Water Joint VentureCLAYTON, Mo., March 31, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) and Mitsui & Co., Ltd. (TSE: 8031) announced today a global strategic alliance to better serve customers. The companies have agreed to a memorandum of understanding to establish a joint venture that brings together Mitsui's top-notch global logistics, deep supplier and customer relationships, and breadth of product portfolio with Olin's scale, North American export capability, and production flexibility across the electrochemical unit (ECU) portfolio. The joint venture will be an independent global buyer,
- EUROPEAN EPOXY RESIN PRODUCTION CURTAILEDCLAYTON, Mo., March 14, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced that it is temporarily curtailing integrated epoxy production at its Stade, Germany facility. During first quarter 2022, Olin has experienced weaker epoxy resin demand in Europe than anticipated, which has been exacerbated by the uncertainty following the Russian invasion of Ukraine. Olin is unwilling to sell incremental volume into a poor-quality market and operating the epoxy resin facility at less than 50% operating rates is impractical. As a result of these factors, the record high natural gas and electrical power costs in Europe, and facility maintenance, Olin has decided to suspend Stade epoxy resin p
- FREEPORT POWER PRODUCTION REDUCEDCLAYTON, Mo., Feb. 16, 2022 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced that our Freeport, Texas facility experienced mechanical failures at two of its six power generation units over the past weekend. There were no injuries or environmental events; however, our Freeport site is operating at a reduced level of power generation. We do not anticipate any change to our first quarter 2022 adjusted EBITDA outlook. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacture
- Olin Announces $1 Billion Share Repurchase ProgramCLAYTON, Mo., Nov. 1, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) today announced that its Board of Directors approved a new $1.0 billion share repurchase program ("2021 Share Repurchase Program"). Under the 2021 Share Repurchase Program, shares of the Company's common stock may be repurchased periodically, including in the open market or privately negotiated transactions. The actual timing, manner, number, and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of Olin's common stock, general market and economic conditions, applicable requirements, and other business consid
- Olin Declares 380th Consecutive Quarterly DividendCLAYTON, Mo., Oct. 28, 2021 /PRNewswire/ -- Today, Olin Corporation's (NYSE:OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on December 10, 2021 to shareholders of record at the close of business on November 10, 2021. This marks the company's 380th consecutive quarterly dividend. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and
- Olin To Shut Down Additional Chlor Alkali CapacityCLAYTON, Mo., Oct. 21, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it plans to permanently shut down the remaining diaphragm-grade chlor alkali capacity (approximately 200,000 Electrochemical Unit "ECU" tons) at its McIntosh, Alabama facility. The closure is expected to be completed by the end of third quarter 2022 and is in addition to the 200,000 ECU tons shut down at McIntosh in first quarter 2021. "When this shut down is complete, Olin will have rationalized approximately 855,000 ECU tons of high-cost, low-value diaphragm-grade chlor alkali capac
- Olin Declares 379th Consecutive Quarterly DividendCLAYTON, Mo., July 22, 2021 /PRNewswire/ -- Today, Olin Corporation's (NYSE:OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on September 10, 2021 to shareholders of record at the close of business on August 10, 2021. This marks the company's 379th consecutive quarterly dividend. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and
- Olin Enters into Agreement with ASHTA to Purchase and Sell ChlorineCLAYTON, Mo., July 1, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today it has entered into an agreement with ASHTA Chemicals, Inc. to purchase and sell the chlorine produced at ASHTA's Ashtabula, OH facility. Existing contracts will be honored for chlorine customers of both companies. "This agreement provides the opportunity to optimize logistics across the Olin and ASHTA portfolio, reducing the number of miles chlorine travels to get to customers and overall transportation costs while increasing the security and flexibility of supply within the growing Olin ne
- Olin Announces Further Chlor Alkali Capacity ReductionCLAYTON, Mo., May 18, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it plans to permanently shut down approximately 20% of its diaphragm-grade chlor alkali capacity (approximately 225,000 ECU tons) at its Plaquemine, LA facility. The closure is expected to be completed by June 1, 2021 and is expected to be cash flow accretive. "This is the next step on our path to exit high-capital, low-return diaphragm ECUs and redirect Olin's cash generation model toward our transformative Parlaying and Structuring phases," remarked Scott Sutton, Olin Chairman, Pres
- Olin Announces First Quarter 2021 ResultsCLAYTON, Mo., April 27, 2021 /PRNewswire/ -- First Quarter 2021 Highlights Net income of $243.6 million Record quarterly adjusted EBITDA of $540.4 million ECU Profit Contribution Index improved by 39% compared to fourth quarterOlin Corporation (NYSE:OLN) announced financial results for the first quarter ended March 31, 2021. First quarter 2021 reported net income was $243.6 million, or $1.51 per diluted share, which compares to first quarter 2020 reported net loss of $80.0 million, or $0.51 per diluted share. First quarter 2021 adjusted EBITDA of $540.4 million excludes depr
- Olin Declares 378th Consecutive Quarterly DividendCLAYTON, Mo., April 21, 2021 /PRNewswire/ -- Today, Olin Corporation's (NYSE:OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on June 10, 2021 to shareholders of record at the close of business on May 10, 2021. This marks the company's 378th consecutive quarterly dividend. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic
- Olin Announces Redemption Of 10% Senior Notes Due 2025CLAYTON, Mo., April 14, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today that it has notified bondholders that it intends to redeem all $185 million of its outstanding 10% senior notes due October 15, 2025 (the "Notes"). The Notes are expected to be redeemed on May 14, 2021 at a redemption price in cash of 105% of the principal amount of the Notes (representing an aggregate premium of approximately $9.3 million). The Notes were issued in connection with the 2015 Dow Chlorine Products acquisition. Olin expects to fund the redemption using $195 million of cash generated from operations.
- Olin Announces Chlor Alkali Capacity ReductionCLAYTON, Mo., March 16, 2021 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that it plans to permanently shut down approximately 50% of its diaphragm-grade chlor alkali capacity (approximately 200,000 tons) at its McIntosh, Alabama facility. The closure is expected to be completed by March 31, 2021. This action is expected to be cash flow accretive. Olin's first quarter 2021 results are forecast to include approximately $5 million of restructuring charges associated with this plan. "This is yet another step in Olin's efforts to right-size our asset base and achieve reinvestment economics across our complete Electrochemical Unit portfolio," remarked Scott Sutton, Olin Preside
- Olin Updates First Quarter OutlookCLAYTON, Mo., March 16, 2021 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today an updated outlook for the first quarter 2021. Olin's Freeport, Texas facility was affected by Winter Storm Uri and was forced to halt production due to the lack of electrical power, natural gas, and other raw materials. All of Olin's Freeport operations were impacted. In addition, production at Olin's Plaquemine, Louisiana; St. Gabriel, Louisiana; Oxford, Mississippi; and McIntosh, Alabama facilities were also negatively impacted. As a result, by February 18, 2021, Olin declared Force Majeure on all chemical product shipments from North America. While our facilities have returned to operation, prod
- Olin Announces Refinancing Transaction And Partial Redemption Of 10% Senior Notes Due 2025CLAYTON, Mo., March 1, 2021 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today the execution of an Amendment ("the Third Amendment") to its existing Credit Agreement, which increased the term loan facility by $315 million, with a delayed-draw feature, and lowered the pricing tiers for borrowings under the Credit Agreement. Olin also announced that it has notified bondholders that it intends to redeem $315 million of outstanding 10% senior notes due October 15, 2025 (the "Notes"). The Notes are expected to be redeemed on March 31, 2021 at a redemption price in cash of 105% of the principal amount of the Notes (representing an aggregate redemption premium of approximately $15.8 mi
- Olin Declares 377th Consecutive Quarterly DividendCLAYTON, Mo., Feb. 15, 2021 /PRNewswire/ -- Today, Olin Corporation's (NYSE: OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on March 10, 2021 to shareholders of record at the close of business on March 2, 2021. This marks the company's 377th consecutive quarterly dividend. COMPANY DESCRIPTION Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester's principal manufacturing
- Olin Announces Fourth Quarter 2020 ResultsCLAYTON, Mo., Jan. 28, 2021 /PRNewswire/ -- Fourth Quarter 2020 Highlights Fourth quarter 2020 net loss of $33.0 million and adjusted EBITDA of $246.2 million ECU Profit Contribution Index improved by 6% in fourth quarter compared to third quarter Winchester achieved record quarterly segment earnings Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2020. Fourth quarter 2020 reported net loss was $33.0 million, or $0.21 per diluted share, which compares to fourth quarter 2019 reported net loss of $77.2 million, or $0.49 per diluted share. Fourth quarter 2020 adjusted EBITDA of $246.2 million excludes depreciation and amortization expen
- Olin Announces Facility ClosuresCLAYTON, Mo., Jan. 19, 2021 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that it has made the decision to cease operations of its Trichloroethylene (Tric) and Anhydrous Hydrogen Chloride (AnHCl) liquefaction facilities in Freeport, Texas, before the end of 2021. These actions are expected to be cash flow accretive. Olin expects to incur approximately $2 million of restructuring charges in 2021, associated with these plans. "The actions taken today further our efforts to ensure we purposefully allocate capital spending and Olin people assets towards lifting ECU (Electrochemical Unit) returns. As Olin transitions our industry-leading feedstock position to supply next-gene
- Olin Publishes Inaugural Sustainability ReportCLAYTON, Mo., Dec. 17, 2020 /PRNewswire/ -- Olin Corporation (NYSE: OLN) today published its first annual sustainability report: "Sustainability: Strong Roots, Strong Future", describing a holistic commitment to its environmental, social and governance performance. The report may be found on the company's website at www.olin.com/substainabilitysuccess/. It leverages Olin's long history of safety and environmental stewardship into a broader sustainability plan to benefit our communities, customers, employees, and shareholders. "Olin's commitment to sustainability is not new," said Scott Sutton, President and Chief Executive Officer. "Throughout our nearly 130-year history, Olin has built
- Olin Announces Redemption of 9.75% Senior Notes Due 2023CLAYTON, Mo., Dec. 16, 2020 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that it has notified bondholders that it intends to redeem all of the $120 million of its outstanding 9.75% senior notes due October 15, 2023 (the "Notes"). The Notes are expected to be redeemed on January 15, 2021 at a redemption price in cash of 102.438% of the principal amount of the Notes (representing an aggregate redemption premium of approximately $3.0 million). The Notes were issued in connection with the 2015 Dow Chlorine Products acquisition. Olin expects to fund the redemption using $123.0 million of cash generated from operations. "The $120 million redemption of the high-cost bonds r