Trinseo Announces Quarterly Dividend of $0.32 Per Share
September 22 2022 - 12:32PM
Business Wire
Trinseo (NYSE: TSE), a specialty material solutions provider,
today announced that its Board of Directors authorized a quarterly
dividend of $0.32 per share. The dividend will be a cash
distribution payable on October 20, 2022 to shareholders of record
as of the close of business on October 6, 2022.
About Trinseo
Trinseo (NYSE: TSE) a specialty material solutions provider,
partners with companies to bring ideas to life in an imaginative,
smart, and sustainability-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 consumer goods, mobility,
building and construction, and medical. Trinseo’s approximately
3,400 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 $4.8 billion in 2021. 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, 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," "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 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
execute our transformation strategy and business strategy; our
ability to integrate acquired businesses; global supply chain
volatility or increased costs or disruption in the supply of raw
materials; increased energy costs or costs for transportation of
our products; the nature of investment opportunities presented to
the Company from time to time; and those factors 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 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 Andy Myers Tel: +1 610-240-3221 Email:
aemyers@trinseo.com
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