Huntsman Corporation HUN today announced that the company's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock.
This program is effective immediately. Repurchases under this program will be made through the open market or in privately negotiated transactions. These repurchases may be commenced or suspended from time to time without prior notice.
The board also declared a $0.10 per share cash dividend on its common stock. The dividend is payable on September 30, 2011 to stockholders of record as of September 15, 2011.
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