Form 8-K/A · Current Report · Filed 2024-11-01
LyondellBasell Announces Third Quarter 2024 Earnings and Corrects Share Repurchase Count
On November 1, 2024, LyondellBasell Industries N.V.
- Filer
- LyondellBasell Industries N.V. LYB · NYSE
- Filed
- Accession
- 0001489393-24-000043
- CIK
- 0001489393
- Signal
- Medium impactBasic Materials
- Source
- Official filing on sec.gov ↗
Details
announced its earnings results for the quarter ended September 30, 2024, and corrected a previous disclosure regarding the number of shares repurchased. The Company reported an earnings beat and furnished a revised segment results discussion as Exhibit 99.2. The corrected disclosure indicates that approximately 438 thousand shares were repurchased during the third quarter 2024.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$86.85
Next session
-3.1%
Since filing
-28.5%
Latest close
$62.08
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from LYB reporting the same item, with the next session's move:
Exhibits (1)
About LyondellBasell Industries N.V.
LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Additionally, it offers fuel-related products and technologies for refining crude oil, impacting industries reliant on energy and fuel efficiency. Headquartered in Houston, Texas, and Rotterdam, Netherlands, LyondellBasell is recognized for its global footprint and extensive supply chain, underscoring its importance in the global manufacturing landscape. Through its innovative materials and sustainable solutions, the company plays a critical role in enhancing product performance and promoting environmentally-friendly alternatives in modern industrial applications.
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