Welcome to our dedicated page for Eastman Chem Co news (Ticker: EMN), a resource for investors and traders seeking the latest updates and insights on Eastman Chem Co stock.
Eastman Chemical Co (NYSE: EMN) is a global innovator in specialty materials and sustainable technologies, serving industries from automotive to advanced recycling. This news hub provides investors with timely updates on corporate developments, financial performance, and environmental initiatives shaping the chemical sector.
Discover official press releases covering earnings reports, strategic partnerships, and breakthrough innovations in molecular recycling technology. Our curated collection includes analysis of EMN's leadership in sustainable materials science and its market-moving developments in specialty chemicals.
Key focus areas include:
• Advanced polymer innovations
• Circular economy initiatives
• Global manufacturing updates
• Strategic business partnerships
• Regulatory compliance milestones
Bookmark this page for direct access to verified information from one of the chemical industry's most established innovators. Monitor EMN's progress in transforming plastic waste streams into high-value materials through proprietary recycling technologies.
Eastman Chemical Company (NYSE:EMN) will be represented by Willie McLain, Senior Vice President and Chief Financial Officer, at the Deutsche Bank Global Materials Conference on June 9, 2022, at 9:00 a.m. ET. The event will provide insights into the company's strategic direction and market positioning. A live webcast of the presentation will be available on the investors.eastman.com. An audio replay will also be accessible following the event.
Eastman Chemical Company (NYSE:EMN) has launched an accelerated share repurchase (ASR) agreement worth $500 million in collaboration with Wells Fargo and Mizuho Markets. This move accelerates the company's goal of repurchasing over $1 billion in shares within 2022, with $750 million already completed in Q2. After the ASR, Eastman will have about $2.12 billion remaining under its share repurchase authorization. The ASR is scheduled to approximate 3.8 million shares to be repurchased by May 9, 2022, bolstering shareholder value.
At the annual meeting of Eastman Chemical Company (NYSE:EMN), shareholders reelected directors, approved executive compensation, and ratified PricewaterhouseCoopers LLP as the independent auditor for 2022. However, a proposal to lower the ownership threshold for calling special meetings from 25% to 10% was rejected. The proxy statement detailing these actions is available for investors. Eastman, founded in 1920, reported approximately $10.5 billion in revenue for 2021 and employs about 14,000 people globally, focusing on innovation and sustainability.
The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.76 per share, payable on July 8, 2022. Shareholders of record as of June 15, 2022 will receive this dividend. Founded in 1920, Eastman operates globally, focusing on innovative products in various sectors such as transportation and construction, with a reported revenue of approximately $10.5 billion in 2021. The company emphasizes sustainability and safety while engaging deeply with customers.
Eastman Chemical Company (NYSE:EMN) reported a strong first-quarter 2022 with a 13% year-over-year revenue increase to $2,714 million, despite challenges from a steam line incident at its Kingsport facility. Notably, the company achieved a 17% rise in selling prices to offset inflationary pressures. Adjusted EPS guidance remains at
Eastman Chemical Company (NYSE:EMN) will release its financial results on April 28, 2022, at approximately 4:30 p.m. ET. The results will be available through their website and via SEC Form 8-K filing. A webcast and teleconference will follow on April 29, 2022, at 8:00 a.m. ET. Advance slides will be posted on the investor section of their website. A replay of the webcast will also be available post-event. For inquiries, investors can contact Greg Riddle at 212-835-1620.
Eastman Chemical Company (NYSE:EMN) has completed the sale of its adhesives resins business to Synthomer plc for $1 billion in cash. This deal encompasses hydrocarbon resins, pure monomer resins, and oleochemical and fatty-acid based resins previously part of Eastman’s Additives & Functional Products segment. J.P. Morgan Securities acted as financial advisor and Jones Day served as legal advisor for this transaction. Eastman, a global specialty materials company, reported approximately $10.5 billion in revenue for 2021 and employs around 14,000 people worldwide.
Eastman Chemical Company (NYSE:EMN) announces that Willie McLain, Senior Vice President and CFO, will present at the JP Morgan Industrials Conference on March 17, 2022, at 10:30 a.m. ET. The presentation will be available via live webcast on the company’s investor relations website. Additionally, an audio replay will be accessible after the event on the same platform. This event provides an opportunity for stakeholders to gain insights into Eastman's business strategies and performance outlook.
The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.76 per share. This dividend is scheduled for payment on April 1, 2022, to stockholders of record as of March 15, 2022.
Founded in 1920, Eastman is a global specialty materials company focused on enhancing quality of life through innovative products in various end-markets, including transportation and construction.
Eastman Chemical Company (NYSE:EMN) reported an operational incident at its Kingsport, Tennessee facility due to a steam line failure on January 31, 2022. All manufacturing operations were safely shut down, with recovery expected in 4-6 weeks, primarily affecting specialty copolyesters. In response, the company has advanced a planned maintenance shutdown. Despite potential impacts on sales volume, first-quarter earnings per share are predicted to be between $2.05 and $2.25, with a reaffirmed full-year adjusted EPS guidance of $9.50 to $10.
