Trinseo Announces Quarterly Dividend of $0.01 Per Share
27 Fevereiro 2025 - 3:00PM
Business Wire
Trinseo (NYSE: TSE), a specialty material solutions provider,
today announced that its Board of Directors authorized a quarterly
dividend of $0.01 per share. The dividend will be a cash
distribution payable on April 24, 2025, to shareholders of record
as of the close of business on April 10, 2025.
About Trinseo
Trinseo (NYSE: TSE), a specialty material solutions provider,
partners with companies to bring ideas to life in an imaginative,
smart and sustainably focused manner by combining its premier
expertise, forward-looking innovations and best-in-class materials
to unlock value for companies and consumers.
From design to manufacturing, Trinseo taps into decades of
experience in diverse material solutions to address customers’
unique challenges in a wide range of industries, including building
and construction, consumer goods, medical and mobility.
Trinseo’s employees bring endless creativity to reimagining the
possibilities with clients all over the world from the company’s
locations in North America, Europe and Asia Pacific. Trinseo
reported net sales of approximately $3.5 billion in 2024. Discover
more by visiting www.trinseo.com and connecting with Trinseo on
LinkedIn, Twitter, Facebook and WeChat.
Cautionary Note on Forward-Looking Statements
This press release may contain forward-looking statements
including, without limitation, statements concerning plans,
objectives, goals, projections, forecasts, strategies, future
events or performance, and underlying assumptions and other
statements, which are not statements of historical facts or
guarantees or assurances of future performance. Forward-looking
statements may be identified by the use of words like “expect,”
“anticipate,” “believe,” “intend,” “forecast,” “outlook,” “will,”
“may,” “might,” “see,” “tend,” “assume,” “potential,” “likely,”
“target,” “plan,” “contemplate,” “seek,” “attempt,” “should,”
“could,” “would” or expressions of similar meaning. Forward-looking
statements reflect management’s evaluation of information currently
available and are based on our current expectations and assumptions
regarding our business, the economy, our current indebtedness, and
other future conditions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks
and changes in circumstances that are difficult to predict. Factors
that might cause future results to differ from those expressed by
the forward-looking statements include, but are not limited to, our
ability to successfully implement proposed restructuring
initiatives, including the closure of certain plants and production
lines, and to successfully generate cost savings through
restructuring and cost reduction initiatives; our ability to
successfully execute our business and transformation strategy; the
timing of, and our ability to complete, the sale of our interest in
Americas Styrenics; increased costs or disruption in the supply of
raw materials; deterioration of our credit profile limiting our
access to commercial credit; increased energy costs; implementation
of tariffs, changes to global trade policies, or retaliatory
actions; compliance with laws and regulations impacting our
business; any disruptions in production at our chemical
manufacturing facilities, including those resulting from accidental
spills or discharges; conditions in the global economy and capital
markets; our current and future levels of indebtedness and ability
to service our debt; our ability to meet the covenants under our
existing indebtedness; our ability to generate cash flows from
operations and achieve our forecasted cash flows; and those
discussed in our Annual Report on Form 10-K, under Part I, Item 1A
—"Risk Factors" and elsewhere in our other reports, filings and
furnishings made with the U.S. Securities and Exchange Commission
from time to time. As a result of these or other factors, our
actual results, performance or achievements may differ materially
from those contemplated by the forward-looking statements.
Therefore, we caution you against relying on any of these
forward-looking statements. The forward-looking statements included
in this press release are made only as of the date hereof. We
undertake no obligation to publicly update or revise any
forward-looking statement as a result of new information, future
events or otherwise, except as otherwise required by law.
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Trinseo Bee van Kessel Tel: +41 44 718 3685 Email:
bvankessel@trinseo.com
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