KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Rhea-AI Summary

Kronos Worldwide (NYSE: KRO) announced on May 15, 2024, that its board of directors has declared a regular quarterly dividend of $0.19 per share on its common stock. The dividend is payable on June 20, 2024, to stockholders of record at the close of business on June 10, 2024.

At the 2024 annual stockholder meeting, the stockholders elected directors including James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner for a one-year term. Additionally, a resolution approving the compensation of named executive officers on a nonbinding advisory basis was adopted.

Kronos Worldwide is a significant producer of titanium dioxide products.

Positive

• Declared a quarterly dividend of $0.19 per share, payable on June 20, 2024.
• Successful election of all nominated directors for a one-year term.
• Adoption of a resolution approving executive compensation.

Negative

• No mention of revenue, profit figures, or financial performance metrics.
• Lack of new business developments or strategic initiatives.

DALLAS, TEXAS, May 15, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock, payable on June 20, 2024 to stockholders of record at the close of business on June 10, 2024.

Kronos Worldwide also announced that at its 2024 annual stockholder meeting held today its stockholders had:

• elected each of James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner as a director for a one-year term; and
• adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual stockholder meeting; and

Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.

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Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700

FAQ

What is the quarterly dividend declared by Kronos Worldwide in May 2024?

Kronos Worldwide declared a quarterly dividend of $0.19 per share on its common stock.

When is the dividend payment date for Kronos Worldwide's quarterly dividend declared in May 2024?

The dividend payment date is June 20, 2024.

Who was elected as directors at Kronos Worldwide's 2024 annual stockholder meeting?

Directors elected include James M. Buch, Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Michael S. Simmons, and R. Gerald Turner.

When is the record date for the dividend payment announced by Kronos Worldwide in May 2024?

The record date for the dividend payment is June 10, 2024.

What resolution was adopted at Kronos Worldwide's 2024 annual stockholder meeting?

A resolution approving the compensation of named executive officers on a nonbinding advisory basis was adopted.