HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY |
6 Months Ended |
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Jun. 30, 2016 | |
HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY | Ìý |
HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY |
Ìý 10. HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY SHARE REPURCHASE PROGRAM ÌýÌýÌýÌýÌýÌýÌýÌýOn SeptemberÌý29, 2015, our Board of Directors authorized our Company to repurchase up to $150Ìýmillion in shares of ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation common stock. Repurchases under this program may be made through open market transactions, in privately negotiated transactions, through accelerated share repurchase programs or by other means. The timing and actual number of shares repurchased depends on a variety of factors, including market conditions. The share repurchase authorization does not have an expiration date and repurchases may be commenced, suspended or discontinued from time to time without prior notice. On OctoberÌý27, 2015, we entered into and funded an accelerated share repurchase agreement to repurchase $100Ìýmillion of our common stock that was completed in January 2016 with the purchase of 8.6Ìýmillion shares. During the three months ended JuneÌý30, 2016, we did not repurchase any shares of our outstanding common stock under the repurchase program. As of JuneÌý30, 2016, there remained approximately $50Ìýmillion of the amount authorized under the program that can be used for repurchases. COMMON STOCK DIVIDENDS ÌýÌýÌýÌýÌýÌýÌýÌýDuring each of the quarters ended JuneÌý30, 2016 and MarchÌý31, 2016, we paid dividends of $30Ìýmillion, or $0.125 per share, to common stockholders and during each of the quarters ended JuneÌý30, 2015 and MarchÌý31, 2015, we paid cash dividends of $31Ìýmillion, or $0.125 per share, to common stockholders. Ìý
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