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Olin Corporation Holds Annual Shareholder Meeting

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Olin Corporation Holds Annual Shareholder Meeting

Confident Investing Starts Here:

Olin ( (OLN) ) has issued an announcement.

On May 1, 2025, Olin Corporation held its annual meeting of shareholders, where the board approved a reduction in its size from ten to nine directors following the completion of Mr. C. Robert Bunch’s term. Shareholders elected nine directors, approved executive compensation, and ratified KPMG LLP as the independent auditor for 2025. Olin also declared a quarterly dividend of $0.20 per share, marking its 394th consecutive quarterly dividend. In its first quarter 2025 financial results, Olin reported a net income of $1.4 million, a significant decrease from the previous year, with adjusted EBITDA of $185.6 million. The company experienced higher chlorine demand, leading to a delay in planned maintenance, and announced cost-saving measures and reduced capital spending. Despite challenges in the epoxy market and Winchester sales, Olin remains focused on a value-first approach and expects stable performance in its chemical businesses.

Spark’s Take on OLN Stock

According to Spark, TipRanks’ AI Analyst, OLN is a Neutral.

Olin Corporation’s overall stock score reflects significant financial pressures, including declining revenues and cash flow issues. Despite strategic initiatives and a promising acquisition, market challenges and high valuation metrics weigh on the stock. The technical analysis indicates a bearish trend, while the earnings call provides a mix of positive strategic directions and ongoing market challenges.

To see Spark’s full report on OLN stock, click here.

More about Olin

Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets.

YTD Price Performance: -35.52%

Average Trading Volume: 2,015,070

Technical Sentiment Signal: Buy

Current Market Cap: $2.49B

See more data about OLN stock on TipRanks’ Stock Analysis page.

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