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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 six months ended JuneÌý30, 2012, we did not repurchase any shares of our outstanding common stock under the repurchase program. As of JuneÌý30, 2012, there remained approximately $50Ìýmillion of the amount authorized under the program that could be used for stock repurchases.
COMMON STOCK DIVIDENDS
ÌýÌýÌýÌýÌýÌýÌýÌýOn each of JuneÌý29, 2012 and MarchÌý30, 2012, we paid cash dividends of $24Ìýmillion, or $0.10 per share, to common stockholders of record as of JuneÌý15, 2012 and MarchÌý15, 2012, respectively. On each of JuneÌý30, 2011 and MarchÌý31, 2011, we paid cash dividends of $24Ìýmillion, or $0.10 per share, to common stockholders of record as of JuneÌý15, 2011 and MarchÌý15, 2011, respectively.
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