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Huntsman Corporation (HUN)

NYSE - Nasdaq Real-time price. Currency in USD
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35.25-0.05 (-0.14%)
At close: 04:00PM EDT
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  • M
    Mark
    Did Starboard sell? Any new purchases of hun in 13fs? Stock is down from from proxy vote. Looks like the buybacks can't raise share price.
  • E
    E A
    Q1 2022 results:

    Beat on revenue - $2.40 vs $2.29 million
    Beat on earnings - $1.19 vs $1.03

    Bought back 5.5 million shares for $210 million in Q1 with another $790 million to go in 2022

    Nice…
  • M
    Mark
    Looks like they bought back shares at $38 . If they thought that was a good price maybe they should start buying here and average down.
  • e
    eleazar
    The activist investor is gone, the stock price falling,
  • H
    Harvey
    I don't get today's reaction to the meeting results. Starboard still has its stake in the company and will be monitoring developments. Despite all the "noise" around the proxy battle HUN's fundamentalls are still very strong. Where is all the selling coming from? This isn't a no-earnings tech stock.
  • M
    Mark
    Looks like management isn't buying back shares, like always they wait for higher prices.
  • M
    Mark
    Good news with buyback, let's see if they actually buy the shares and hopefully share count goes down, not just issued to crony board members for free.
  • M
    Mark
    Looks like they paid too much for the shares. If not maybe they should buy here. We could use a higher price.
  • M
    Mark
    Is the buyback over?
  • r
    ridingbreakouts
    HUN PT $60 by mid 2023. Just noise. PE 9. Great yield. Flush with cash. Beat and raising EPS qrtr after qrtr
  • C
    CA
    Wow, 2 billion in share repurchases
  • B
    B
    So, anyone know when the $2B share buy back is supposed to happen? Or, was that all lies? Why aren't they supporting the share price now instead of letting it go into freefall?

    HOW SOON CAN THE SLIMY MANAGEMENT TEAM BE REMOVED? HOW DO WE GET NEW BOARD MEMBERS AND FIRE THE CEO?
  • B
    B
    Has anyone reviewed the Starboard Value presentation? If so, what are your thoughts on their desire to change Huntsman Board of Directors? I invested in Huntsman BECAUSE Starboard is on board. They may be a little bit harsh, BUT, they have a track record of about 40% gains for the companies they target as an activist investor.

    https://www.starboardvalue.com/wp-content/uploads/HUN_Supplemental_Shareholder_Presentation_03.08.2022.pdf

    Any thoughts on their presentation? According to the presentation, Huntsman share price should be somewhere around $60-$70 a share today if the past commitments were realized.
  • M
    Mark
    Which is the best choice to vote? With huntsman board or starboard???? Received lots of proxy materials. Any opinions on this board??
  • B
    B
    SO, on the news that Starboard did NOT get their slate of directors THE SHARE PRICE DROPS 10%!!! The REAL market knows that Huntsman MUST BE WATCHED CLOSELY AND HELD ACCOUNTABLE TO DELIVER REAL SHAREHOLDER VALUE!
  • M
    Mark
    looks like they are buying back shares today. lol with other chemical names down on the price of oil and market being down.
  • M
    Mark
    I assume Peter huntsman sees the reaction to the stock of his crummy board selection's. He just gives himself and his crony board members more free stock. Sell it and move on. Without starboard the stock wouldn't of been where it was. So much for being near all time highs and gloating about it in his proxy materials like he and his rotten board selection's had anything to do with it.
  • s
    scott d
    Well this seems a bit like an over reaction.
  • E
    Edmund202
    The share price drop makes it even cheaper for an acquirer to step in and do what management seems unable to do, except make empty promises. I am sure that Starboard will be talking with other potential stakeholders. There was an opportunity to shore up the board and with the weak support shown by current shareholders, the current board better act quickly and decisively. The clock starts now.
  • M
    Marc
    it's been years since I held huntsman....
    but everything seems to be in place for a good 10 plus percent gain in the next month.
    go Peter