Chemical products maker Dow Chemical Co.'s (DOW) board has approved a share buy-back program, authorizing the repurchase of up to $1.5 billion of its common stock.
In a separate press release, the company has declared a dividend of 32 cents per share, payable April 30, 2013, to shareholders of record on March 28, 2013, thereby marking the 406th consecutive cash dividend issued by the company. Dow has paid its shareholders cash dividends every quarter since 1912.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.