LyondellBasell Industries (LYB) Tops Q2 EPS by 5c

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Go back to LyondellBasell Industries (LYB) Tops Q2 EPS by 5c

LyondellBasell Reports Second-Quarter 2016 Earnings

July 29, 2016 7:00 AM EDT

HOUSTON and LONDON, July 29, 2016 /PRNewswire/ --

Second Quarter 2016 Highlights

Income from continuing operations: $1.1 billion ($1.0 billion excluding LCM1) Diluted earnings per share: $2.56 per share ($2.45 per share excluding LCM) EBITDA: $1.8 billion ($1.7 billion excluding LCM) Share repurchases and dividends totaled $1.1 billion; repurchased 8.8 million shares during the second quarter, approximately 2% of the outstanding shares Authorized a fourth share repurchase program for up to an additional 10% of shares over the next 18 months Increased second quarter 2016 interim dividend by 9% to $0.85 per share

Comparisons with the prior quarter and second quarter... More