Quaker Houghton Announces Quarterly Dividend and $250 Million Stock Repurchase Authorization
The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.508 per share, payable on July 31, 2026, to shareholders of record at the close of business on July 17, 2026. In addition, the Board of Directors has approved a new share repurchase program authorizing the Company to repurchase up to an aggregate of $250 million of its common stock. The Company has terminated its prior 2024 share repurchase program. Joseph A. Berquist, Chief Executive Officer and President, commented, "The increased repurchase authorization gives us additional flexibility to execute our capital allocation priorities in a disciplined manner. We will continue to prioritize growth while balancing overall capital allocation and returning cash to shareholders." The Company is authorized to repurchase shares of common stock from time to time through various methods, including in open market transactions, block trades, accelerated share repurchases, privately negotiated transactions, derivative transactions or otherwise, certain of which may be made pursuant to a trading plan meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in compliance with applicable state and federal securities laws. The timing, as well as the number and value of shares repurchased under the program, will be determined by the Company at its discretion and will depend on a variety of factors, including our assessment of the intrinsic value of the Company's common stock, the market price of the Company's common stock, general market and economic conditions, available liquidity, compliance with the Company's debt and other agreements, applicable legal requirements, the nature of other investment opportunities available to the Company, and other considerations. The Company is not obligated to purchase any shares under the repurchase program, and the program may be suspended, modified, or discontinued at any time without prior notice. The Company expects to fund the repurchases by using cash on hand and expected free cash flow to be generated in the future. Forward-Looking Statements This press release contains "forward-looking statements" that fall under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Securities Act of 1933, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts. We have based these forward-looking statements on assumptions, projections and expectations... Read more
Latest Price: $ 160.38
Dividend Yield (TTM): 1.27%
- 2025-10-17: $ 0.51
- 2026-01-16: $ 0.51
- 2026-04-16: $ 0.51
- 2026-07-17: $ 0.51
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