Orion S.A. Declares Interim Quarterly Dividend
February 29 2024 - 4:35PM
Business Wire
Orion S.A. (NYSE: OEC), a specialty chemical company, today
announced that its board of directors has declared an interim
dividend to be paid in the second quarter of 2024 of $0.0207 per
common share of the company, which is equivalent to the aggregate
amount of approximately $1.25 million based on the number of common
shares currently outstanding.
The interim dividend will be paid on April 4, 2024, to holders
of record as of the close of business on March 13, 2024. Luxembourg
withholding tax at a rate of 15% will be deducted from each interim
dividend, subject to exemptions and reductions in certain
circumstances.
About Orion S.A.
Orion S.A. (NYSE: OEC) is a leading global supplier of carbon
black, a solid form of carbon produced as powder or pellets. The
material is made to customers’ exacting specifications for tires,
coatings, ink, batteries, plastics and numerous other specialty,
high-performance applications. Carbon black is used to tint,
colorize, provide reinforcement, conduct electricity, increase
durability, and add UV protection. Orion has innovation centers on
three continents and 15 plants worldwide, offering the most diverse
variety of production processes in the industry. The company’s
corporate lineage goes back more than 160 years to Germany, where
it operates the world’s longest-running carbon black plant. Orion
is a leading innovator, applying a deep understanding of customers’
needs to deliver sustainable solutions. For more information,
please visit orioncarbons.com.
Forward-Looking Statements
This document contains certain forward-looking statements within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995, including regarding the planned payment of an interim
dividend. Forward-looking statements are statements of future
expectations that are based on current expectations and assumptions
and involve known and unknown risks and uncertainties, including
risks related to our planned payment of the interim dividend and
the other risks and uncertainties listed under “Risk Factors” in
our Annual Report on Form 10-K for the fiscal year ended December
31, 2022, each of which could cause actual results, performance, or
events to differ materially from those expressed or implied in
these statements. You should not place undue reliance on
forward-looking statements. Each forward-looking statement speaks
only as of the date of the particular statement. New risk factors
and uncertainties emerge from time to time, and it is not possible
to predict all risk factors and uncertainties, nor can we assess
the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements. We undertake no obligation to
publicly update or revise any forward-looking statement as a result
of new information, future events, or other information, other than
as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240229699276/en/
Wendy Wilson Orion S.A. Head of Investor Relations
wendy.wilson@orioncarbons.com +1 281-974-0155
William Foreman Orion S.A. Director of Corporate Communications
and Government Affairs william.foreman@orioncarbons.com Direct: +1
832-445-3305 Mobile: +1 281-889-7833
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