Trinseo (TSE) Announces $200M Share Buyback; Declares $0.32 Dividend
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Trinseo Announces $200 Million Share Repurchase Program and Quarterly Dividend of $0.32 Per Share
December 2, 2021 10:33 AM ESTBERWYN, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics and latex binders, today announced that its Board of Directors authorized the repurchase of up to $200 million of its ordinary shares, subject to certain parameters defined by the Board of Directors. This authorization expires in 18 months. All repurchases will be carried out by way of redemption in accordance with Irish law and the Companys constitutional documents.
In addition, Trinseos Board of Directors authorized a quarterly dividend of $0.32 per share. The dividend will be a cash... More
