- Olin ( NYSE: OLN ) has announced a new share repurchase program to buyback $2B of its common stock (2022 share repurchase program).
- The program has no time limit.
- The authorization remaining available under the 2021 share repurchase program is not affected by the authorization of the 2022 Share Repurchase Program.
- In Q2, the company bought back ~7.4M shares at a cost of $426.5M; approximately 12.6M shares were repurchased in first half 2022.
- In other news, Olin ( OLN ) reported Q2 results today
For further details see:
Olin announces $2B stock buyback plan