Trinseo Announces Quarterly Dividend of $0.01 Per Share
16 Noviembre 2023 - 9:22AM
Business Wire
Trinseo (NYSE: TSE), a specialty material solutions provider,
today announced that its Board of Directors authorized a quarterly
dividend of $0.01 per share. The dividend will be a cash
distribution payable on January 18, 2024 to shareholders of record
as of the close of business on January 4, 2024.
About Trinseo
Trinseo (NYSE: TSE), a specialty material solutions provider,
partners with companies to bring ideas to life in an imaginative,
smart and sustainably focused manner by combining its premier
expertise, forward-looking innovations and best-in-class materials
to unlock value for companies and consumers.
From design to manufacturing, Trinseo taps into decades of
experience in diverse material solutions to address customers’
unique challenges in a wide range of industries, including building
and construction, consumer goods, medical and mobility.
Trinseo’s approximately 3,300 employees bring endless creativity
to reimagining the possibilities with clients all over the world
from the company’s locations in North America, Europe and Asia
Pacific. Trinseo reported net sales of approximately $5.0 billion
in 2022. Discover more by visiting www.trinseo.com and connecting
with Trinseo on LinkedIn, Twitter, Facebook and WeChat.
Cautionary Note on Forward-Looking Statements
This press release may contain forward-looking statements
including, without limitation, statements concerning plans,
objectives, goals, projections, forecasts, strategies, future
events or performance, and underlying assumptions and other
statements, which are not statements of historical facts or
guarantees or assurances of future performance. Forward-looking
statements may be identified by the use of words like "expect,"
"anticipate," “believe,” "intend," "forecast," "outlook," "will,"
"may," "might," "see," "tend," "assume," "potential," "likely,"
"target," "plan," "contemplate," "seek," "attempt," "should,"
"could," "would" or expressions of similar meaning. Forward-looking
statements reflect management’s evaluation of information currently
available and are based on our current expectations and assumptions
regarding our business, the economy, our current indebtedness, and
other future conditions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks
and changes in circumstances that are difficult to predict. Factors
that might cause future results to differ from those expressed by
the forward-looking statements include, but are not limited to, our
ability to successfully implement proposed restructuring
initiatives, including the closure of certain plants and product
lines, and to successfully generate cost savings and increase
profitability; our ability to successfully execute our business and
transformation strategy; increased costs or disruption in the
supply of raw materials; increased energy costs; compliance with
laws and regulations impacting our business; conditions in the
global economy and capital markets; our ability to meet the
covenants under our existing indebtedness; our ability to
successfully investigate and remediate chemical releases on or from
our sites, make related capital expenditures, reimburse third-party
cleanup costs or settle potential regulatory penalties or other
claims; and those discussed in our Annual Report on Form 10-K,
under Part I, Item 1A —"Risk Factors" and elsewhere in our other
reports, filings and furnishings made with the U.S. Securities and
Exchange Commission from time to time. As a result of these or
other factors, our actual results, performance or achievements may
differ materially from those contemplated by the forward-looking
statements. Therefore, we caution you against relying on any of
these forward-looking statements. The forward-looking statements
included in this press release are made only as of the date hereof.
We undertake no obligation to publicly update or revise any
forward-looking statement as a result of new information, future
events or otherwise, except as otherwise required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231116116095/en/
Trinseo Andy Myers Tel: +1 610-240-3221 Email:
aemyers@trinseo.com
Trinseo (NYSE:TSE)
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