Trinseo: Board of Directors authorized the Company to distribute a quarterly repayment of equity of $0.30 per share
OREANDA-NEWS. Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized the Company to distribute a quarterly repayment of equity of $0.30 per share. The repayment of equity will be a cash distribution payable on October 26, 2016, to shareholders of record as of the close of business on October 12, 2016.
About Trinseo
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solution to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, consumer electronics, appliances, medical devices, lighting, electrical, carpet, paper and board, building and construction, and tires. Trinseo had approximately $4.0 billion in revenue in 2015, with 18 manufacturing sites around the world, and more than 2,200 employees.
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