WLK - Public offerings

Westlake Corporation (NYSE:WLK) ("Westlake") announced today that it has priced its previously announced underwritten public offering of $600,000,000 aggregate principal amount of senior unsecured notes due 2035 (the "2035 Notes") and $600,000,000 aggregate principal amount of senior unsecured notes due 2055 (the "2055 Notes" and, together with the 2035 Notes, the "Notes") under its existing shelf registration statement. The 2035 Notes will bear interest at a rate of 5.550% per annum and will mature on November 15, 2035. The 2055 Notes will bear interest at a rate of 6.375% per annum and will mature on November 15, 2055. The sale of the Notes is scheduled to close on November 6, 2025, subje

Westlake Corporation (NYSE:WLK) ("Westlake") announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the "Notes") under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors. Westlake intends to use the net proceeds from the proposed public offering of the Notes to fund the repurchase of its outstanding 3.600% Senior Notes due 2026 (the "2026 Senior Notes") pursuant to a concurrent cash tender offer (the "Tender Offer") for any and all of the 2026 Senior Notes. Westlake anticipates using any remaining net proceeds to fund the p

$0.525 per share dividend declared payable on September 5, 2024 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of $0.525 per share for the second quarter of 2024. This dividend will be payable on September 5, 2024, to stockholders of record on August 20, 2024. This is the 80th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statements regarding future payment of dividend, are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainties. F

$0.500 per share dividend declared payable on June 6, 2024 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of 50 cents per share for the first quarter of 2024. This dividend will be payable on June 6, 2024, to stockholders of record on May 21, 2024. This is the 79th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statements regarding future payment of dividend, are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainties. For more deta

$0.50 per share dividend declared payable on March 14, 2024 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of 50 cents per share for the fourth quarter of 2024. This dividend will be payable on March 14, 2024, to stockholders of record on February 28, 2024. This is the 78th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statements regarding future repurchases of common stock, are forward-looking statements. These forward-looking statements are subject to significant risks and uncertainti

$0.500 per share dividend declared payable on December 6, 2023 The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of 50 cents per share for the third quarter of 2023. This dividend will be payable on December 6, 2023, to stockholders of record on November 21, 2023. This is the 77th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The statements in this release that are not historical facts, including statements regarding future repurchases of common stock, are forward-looking statements. These forward-looking statements are subject to significant risks and uncerta

The Board of Directors of Westlake Corporation (NYSE:WLK) today declared a regular dividend distribution of 50.00 cents per share for the second quarter of 2023, an increase of approximately 40% from the 35.70 cents per share of the first quarter of 2023. This dividend will be payable on September 12, 2023, to stockholders of record on August 25, 2023. "The significant increase in our dividend reflects the strong cash generative business model as we have continued our growth at Westlake," said Albert Chao, president and chief executive officer of Westlake. "Our Investments in differentiated and specialty products in our Performance and Essential Material (PEM) segment and leading market p

$0.357 per share dividend declared payable on June 8, 2023 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.357 per share for the first quarter of 2023. This dividend will be payable on June 8, 2023, to stockholders of record on May 23, 2023. This is the 75th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutio

$0.3570 per share dividend declared payable on March 16, 2023 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the fourth quarter of 2022. This dividend will be payable on March 16, 2023, to stockholders of record on March 1, 2023. This is the 74th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital s

$0.3570 cents per share dividend declared payable on December 9, 2022 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.3570 per share for the third quarter of 2022. This dividend will be payable on December 9, 2022, to stockholders of record on November 25, 2022. This is the 73rd successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building block

The Board of Directors of Westlake Corporation (NYSE:WLK) today authorized the company to repurchase an additional $500 million of shares of its common stock under its existing share repurchase program. As of August 12, 2022, approximately 9.8 million shares of common stock had been acquired at an aggregate purchase price of approximately $600 million since the inception of its initial share repurchase program in 2011. After the expansion of the size of the current program, and as of August 12, 2022, an aggregate of approximately $550 million will be available for purchase under the program. This expansion to the program is effective immediately. Repurchases under this program will be made

$0.2975 cents per share dividend declared payable on June 7, 2022 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the first quarter of 2022. This dividend will be payable on June 7, 2022, to stockholders of record on May 23, 2022. This is the 71st successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital s

$0.2975 cents per share dividend declared payable on March 15, 2022 The Board of Directors of Westlake Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the fourth quarter of 2021. This dividend will be payable on March 15, 2022, to stockholders of record on March 1, 2022. This is the 70th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for v

Hexion Holdings Corporation ("Hexion" or the "Company") today announced that as a result of its ongoing strategic review it has entered into a definitive agreement to sell its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the "Epoxy Business") for approximately $1.2 billion to Westlake Chemical Corporation (NYSE:WLK). The Epoxy Business generated total sales of approximately $1.5 billion for the last twelve months ended September 30, 2021, and was reported within the Coatings and Composites reportable segment of the Company. The transaction includes approximately 1,300 associates and

$0.2975 cents per share dividend declared payable on December 8, 2021 The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the third quarter of 2021. This dividend will be payable on December 8, 2021, to stockholders of record on November 23, 2021. This is the 69th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, we provide the building blocks for vital solutions — from building prod

$0.2975 cents per share dividend declared payable on September 8, 2021 The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2975 per share for the second quarter of 2021, an increase of 10.2% from the $0.2700 per share in the first quarter of 2021. This dividend will be payable on September 8, 2021, to stockholders of record on August 24, 2021. This is the 68th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in

Westlake Chemical Corporation (NYSE:WLK) ("Westlake") announced today that it has priced its previously announced underwritten public offering of $300,000,000 aggregate principal amount of senior unsecured notes due 2024 (the "2024 Notes"), $350,000,000 aggregate principal amount of senior unsecured notes due 2041 (the "2041 Notes"), $600,000,000 aggregate principal amount of senior unsecured notes due 2051 (the "2051 Notes") and $450,000,000 aggregate principal amount of senior unsecured notes due 2061 (the "2061 Notes" and, together with the 2024 notes, the 2041 Notes and the 2051 Notes, the "Notes") under its existing shelf registration statement. The 2024 Notes will bear interest at a r

Westlake Chemical Corporation (NYSE:WLK) ("Westlake") announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes (the "Notes") under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors. Westlake intends to use the net proceeds from the proposed public offering of the Notes to fund a portion of the purchase price of its pending acquisitions (the "Acquisitions") of 100% of the issued and outstanding equity interests of (i) certain subsidiaries of Boral Industries Inc. engaged in Boral Limited's North American building products busi

$0.2700 cents per share dividend declared payable on June 9, 2021 The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the first quarter of 2021. This dividend will be payable on June 9, 2021, to stockholders of record on May 25, 2021. This is the 67th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, we provide the building blocks for vital solutions — from packaging and healthcare

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Westlake Chemical Corporation (NYSE:WLK) declared today a regular dividend distribution of $0.2700 per share for the fourth quarter of 2020. This dividend will be payable on March 16, 2021, to stockholders of record on March 2, 2021. This is the 66th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. About Westlake Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, we provide the building blocks for vital solutions — from packaging and healthcare products to automotive and co