11. HUNTSMAN CORPORATION STOCKHOLDERS' EQUITY
SHARE REPURCHASE PROGRAM
ÌýÌýÌýÌýÌýÌýÌýÌýEffective AugustÌý5, 2011, our Board of Directors authorized our Company to repurchase up to $100Ìýmillion in shares of our common stock. Repurchases under this program may be made through the open market or in privately negotiated transactions, and repurchases may be commenced or suspended from time to time without prior notice. Shares of common stock acquired through the repurchase program are held in treasury at cost. During the three months ended MarchÌý31, 2012, we did not repurchase any shares of our outstanding common stock under the repurchase program. As of MarchÌý31, 2012, there remained approximately $50 million of the amount authorized under the program that could be used for stock repurchases.
COMMON STOCK DIVIDENDS
ÌýÌýÌýÌýÌýÌýÌýÌýOn MarchÌý30, 2012 and MarchÌý31, 2011, we paid cash dividends of $24Ìýmillion, or $0.10 per share, to common stockholders of record as of MarchÌý15, 2012 and 2011, respectively.
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