KOP - Dividend announcements

Continues Enterprise-wide Strategy to Focus on Improving Margins and Cash FlowPITTSBURGH, May 8, 2026 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that it has made a conditional decision to discontinue distillation and chemical manufacturing operations at its facility located in Stickney, Illinois, subject to the satisfaction of any bargaining obligations that might exist with the union that represents certain employees at that facility.  The conditional de

PITTSBURGH, May 7, 2026 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share of Koppers common stock.  The dividend is payable on June 15, 2026, to shareholders of record as of the close of trading on May 29, 2026. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the decla

PITTSBURGH, March 30, 2026 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, will mark the 20th anniversary of its New York Stock Exchange (NYSE) listing by ringing the NYSE Closing Bell at 4:00 PM Eastern Time today, March 30, 2026. Chief Executive Officer and Chairman Leroy Ball will be joined by members of the senior leadership team to celebrate the occasion. "The Koppers team is proud to celebrate our 20th anniversary of being listed on the NYSE by ringing the Closing Bell,

PITTSBURGH, Feb. 11, 2026 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has approved a 12.5 percent increase in the planned quarterly dividend rate for 2026, from $0.08 to $0.09 per share of Koppers common stock.  A quarterly dividend will be paid on March 23, 2026, to shareholders of record as of the close of trading on March 6, 2026. At this quarterly dividend rate, subject to the standard quarterly review by the Board of Dir

Sixth Consecutive Year of Recognition PITTSBURGH, Dec. 16, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named as one of America's Most Responsible Companies by Newsweek magazine for the sixth consecutive year for 2026.  "We are honored to once again be named among America's Most Responsible Companies – a reflection of our employees' unwavering commitment to living out our values of People, Planet and Performance," said Stephanie Apostolou, Chief Legal and S

PITTSBURGH, Nov. 6, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Koppers common stock. The dividend is payable on December 16, 2025, to shareholders of record as of the close of trading on November 28, 2025. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination tha

PITTSBURGH, Aug. 7, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Koppers common stock. The dividend is payable on September 15, 2025, to shareholders of record as of the close of trading on August 29, 2025. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that

PITTSBURGH, June 25, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP) today published its 2024 Corporate Sustainability Report (CSR), detailing the company's progress in executing its comprehensive Sustainability Plan, driven by its values of People, Planet, and Performance. Highlights from the 2024 CSR include: Achieving a Total Recordable Incident Rate (TRIR) of 2.52, the lowest in company history, demonstrating our global workforce's unwavering commitment to a Zero Harm culture.Realizing a 53% increase in solar energy production year-over-year, most notably through com

PITTSBURGH, June 18, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company successfully extended the maturity date of its $800 million revolving credit facility (Revolving Facility) to the earlier of (i) ninety-one (91) days prior to the maturity date of the company's secured term loan facility; or (ii) June 17, 2030.  This transaction also modifies the total net leverage ratio financial covenant by removing the step down to 4.50:1.00 for th

PITTSBURGH, May 8, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Koppers common stock. The dividend is payable on June 17, 2025, to shareholders of record as of the close of trading on May 30, 2025.  Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the dec

Supported by Strong Cash Flow Generation Enhances Shareholder Value through Disciplined Capital Allocation PITTSBURGH, Feb. 27, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that its Board of Directors approved a $100 million share repurchase program.  The repurchase program replaces the company's previous share repurchase program of $100 million, which was approved in August 2021 and had approximately $11 million remaining. This action reflects the c

PITTSBURGH, Feb. 12, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has approved a 14 percent increase in the planned quarterly dividend rate for 2025, from $0.07 to $0.08 per share of Koppers common stock.  A quarterly dividend will be paid on March 24, 2025, to shareholders of record as of the close of trading on March 7, 2025. At this quarterly dividend rate, subject to the standard quarterly review by the Board of Direc

Fifth Consecutive Year of Recognition and Highest Ranking Ever PITTSBURGH, Dec. 18, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named to America's Most Responsible Companies 2025 list by Newsweek magazine for the fifth consecutive year. Koppers achieved its highest placement ever, ranking No. 113 out of 600 finalists and No. 9 out of 56 in the Materials & Chemicals category. "Koppers is pleased to have once again earned a spot on this noteworthy list and i

Reduces Interest Rate Margins by 50 Basis Points PITTSBURGH, Dec. 17, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company successfully completed the repricing of its seven-year $495 million senior secured Term Loan B (TLB) due April 10, 2030. This transaction reduces the interest rate margins applicable to the TLB by 50 basis points, from 3.00% with a floor of 50 bps to 2.50% with a floor of 50 bps at adjusted Term SOFR Rate or adjusted Da

Consistent with Strategy to Optimize Business Portfolio and Enhance Free Cash Flow PITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), today announced that the company will discontinue phthalic anhydride production at its facility in Stickney, Illinois, in 2025. The decision, affecting approximately 25 employees, was driven by significant near-term capital spending requirements that could not be economically justified by end-market projections. An ancillary benefit is an improvement in the site's environmental f

PITTSBURGH, Nov. 7, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on December 16, 2024, to shareholders of record as of the close of trading on November 29, 2024. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination th

PITTSBURGH, Aug. 8, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on September 16, 2024, to shareholders of record as of the close of trading on August 30, 2024. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination tha

Achieved 50% Greenhouse Gas Emissions (GHG) Goal Seven Years Ahead of Schedule PITTSBURGH, June 26, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP) today published its 2023 Corporate Sustainability Report (CSR). The report provides a detailed summary of the company's progress in carrying out its long-term Sustainability Plan, underpinned by its values of People, Planet, and Performance. Notable highlights from 2023 include: Accomplishing our 2030 goal of a 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions (GHG), seven years ahead of schedule. Publishing Koppe

Provides Access to Growth Markets in Texas, Midwest PITTSBURGH, June 6, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Utility and Industrial Products Inc. (UIP), a wholly owned subsidiary of Koppers Holdings, held a ribbon cutting ceremony in conjunction with the Leesville Parish Chamber of Commerce to celebrate Koppers utility pole peeling and drying facility in Leesville, Louisiana. In March 2024, the Leesville plant began manufacturin

PITTSBURGH, May 2, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on June 10, 2024, to shareholders of record as of the close of trading on May 24, 2024. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the dec

Reduces Interest Rate Margins by 50 Basis Points Increases TLB by $100 Million PITTSBURGH, April 15, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company successfully completed the repricing and upsizing of its seven-year $397 million senior secured Term Loan B (TLB) due April 10, 2030. This transaction reduces the interest rate margins applicable to the TLB by 50 basis points, from 3.50% with a floor of 50 bps to 3.00% with a floor of 50

PITTSBURGH, April 2, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Utility and Industrial Products Inc. (UIP), a wholly owned subsidiary of Koppers Holdings, has completed its acquisition of substantially all of the assets of Brown Wood Preserving Company, Inc. and certain of its affiliates (Brown Wood) for approximately $100 million in cash.  Brown Wood, which produces pressure-treated wood utility poles, will become part of Koppers UIP.

Represents Growth, Market Expansion and Scale in Utility Pole Business PITTSBURGH, Feb. 28, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Utility and Industrial Products Inc. (UIP), a wholly owned subsidiary of Koppers Holdings, signed an agreement to acquire substantially all of the assets of Brown Wood Preserving Company, Inc. and certain of its affiliates (Brown Wood) for approximately $100 million in cash.  Brown Wood manufactures and sells pressure-treated wood utility poles.  The transaction is expected to close in the second quarter of 2024, sub

PITTSBURGH, Feb. 14, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has approved a 17 percent increase in the planned quarterly dividend rate for 2024, from $0.06 to $0.07 per share of Koppers common stock. A quarterly dividend will be paid on March 25, 2024, to shareholders of record as of the close of trading on March 8, 2024. At this quarterly dividend rate, subject to the standard quarterly review by the Board of Direct

PITTSBURGH, Dec. 12, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named as one of America's Most Responsible Companies by Newsweek magazine for the fourth consecutive year in 2024. Koppers ranked No. 124 out of 600 finalists and No. 13 out of 51 companies in the Materials & Chemicals category. "Koppers is proud to again earn a space on this impressive list – a testament to the ongoing strength of our sustainability strategy, guided by our values of People,

Leverage-Neutral Transaction Reduces Interest Rate Margins by 50 Basis Points PITTSBURGH, Oct. 12, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company successfully completed the repricing of its seven-year $399 million senior secured Term Loan B (TLB) due April 10, 2030.  The repricing is leverage neutral and reduces the interest rate margins applicable to the TLB by 50 basis points, including from 4.00% with a floor of 50 bps to 3.50% wit

PITTSBURGH, Sept. 5, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP) today announced that, as part of its ongoing efforts to recoup higher input costs due to inflation, the company has agreed to an amendment of its contract with one of its Class I railroad customers. The amendment will extend the current term of the agreement from 2026 to 2030, with favorable pricing adjustments. This represents the fourth Class I customer with which Koppers has reached agreement this year on increased pricing. Executive Vice President and Chief Operating Officer James Sullivan said, "Si

PITTSBURGH, Aug. 2, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of Koppers common stock. The dividend is payable on September 11, 2023, to shareholders of record as of the close of trading on August 25, 2023. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that

Meaningful Improvements Made Across People, Planet and Performance PITTSBURGH, June 27, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP) today published its 2022 Corporate Sustainability Report (CSR).  The CSR provides a detailed overview of the company's efforts to further its Sustainability strategy in the areas of People, Planet, and Performance. Throughout 2022, Koppers achieved important advances toward creating sustainable value for the company and its stakeholders.  Some key highlights include: Enhanced the company's long-term Sustainability Plan and formalized a S

PITTSBURGH, May 4, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of Koppers common stock.  The dividend is payable on June 12, 2023, to shareholders of record as of the close of trading on May 26, 2023. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the dec

Continued Focus on Enhancing Balance Sheet Flexibility PITTSBURGH, March 10, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the successful pricing and allocation of a 7-year $400 million senior secured Term Loan B (TLB).  The TLB will bear interest at adjusted Term SOFR plus 4.00% with a SOFR floor of 50 bps. Koppers plans to use the proceeds borrowed under the TLB, along with borrowing under its revolving credit facility, to redeem the company's outs

PITTSBURGH, Feb. 16, 2023 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has approved a 20 percent increase in the planned quarterly dividend rate for 2023, from $0.05 to $0.06 per share of Koppers common stock.  A quarterly dividend will be paid on March 27, 2023, to shareholders of record as of the close of trading on March 10, 2023. At this quarterly dividend rate, subject to the standard quarterly review by the Board of Dire

Continued Deployment of Strategy to Expand and OptimizeSupports Long-Term Profitability Growth PITTSBURGH, Jan. 25, 2023 /PRNewswire/ -- Koppers Utility and Industrial Products Inc. (UIP), a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the purchase of a 70-acre property in Glendale, Oregon. In support of Koppers strategy to expand and optimize its business to achieve the company's target of $300 million adjusted EBITDA in 2025, the acquired pr

Adds Peeling and Drying Capacity to Serve Key Geographic Markets PITTSBURGH, Nov. 16, 2022 /PRNewswire/ -- Koppers Utility and Industrial Products Inc. (UIP), a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the purchase of a 105-acre property in Leesville, Louisiana.  The site will host a facility providing additional peeling and drying capacity used in the Koppers wood treatment process.  The addition of this new facility creates an opportunity for Koppers to reduce costs through plant automation, an improved logistics network, and increased drying capacity.

PITTSBURGH, Nov. 1, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Inc., a wholly-owned subsidiary of Koppers Holdings, has closed on its acquisition of substantially all of the assets of Gross & Janes Co. Gross & Janes, headquartered in Kirkwood, Missouri, is the largest independent supplier of untreated railroad crossties in North America, with operations in Arkansas, Missouri, and Texas. The company reported approximately $50 million i

Expanding Market Presence in Industrial and Commercial Markets Building on Leadership Position in Residential Wood Preservatives PITTSBURGH, Oct. 24, 2022 /PRNewswire/ -- Koppers Performance Chemicals Inc. (PC), a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced a significant expansion of market share in industrial and commercial wood preservation technology markets.  Earlier this year, PC realigned its sales functions into three distinct channels serving residential, industrial, and commercial markets to provide greater leadership, customer focus, and product d

Supports Network Optimization and Bolsters Supply Chain PITTSBURGH, Oct. 17, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Inc., a wholly-owned subsidiary of Koppers Holdings, has signed a definitive agreement to acquire substantially all of the assets of Gross & Janes Co. for an undisclosed amount.  The transaction is expected to close within the next thirty days, subject to customary closing conditions. Gross & Janes, headquartered in

Represents Fourth Class I Railroad Served by Koppers Recovery Resources Supports Sustainability Goal of Minimizing Environmental Footprint PITTSBURGH, Oct. 10, 2022 /PRNewswire/ -- Koppers Recovery Resources LLC (KRR), a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that it has entered into a new five-year, $50 million agreement with a Class I railroad customer to collect and manage end-of-life railroad crossties and other materials. Under this

Provides Additional Financial Flexibility to Support Ongoing Growth Strategy and Sustainability Initiatives PITTSBURGH, June 21, 2022 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP) ("Holdings"), today announced that the company has entered into a Credit Agreement ("Agreement") with Holdings, certain lenders and letter of credit issuers for an $800 million revolving credit facility, a $50 million swingline facility and one or more incremental revolving or term loan facilities. PNC Bank will serve as the revolving administrative agent, collateral agent and swingline loan lender, and Wells Fargo Bank will serve as term administrative agent. The Agree

PITTSBURGH, April 25, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, has published its digital 2021 Annual Report on its website, featuring a video message from CEO Leroy Ball as well as his letter to shareholders highlighting the company's strategy, operations, and financial performance. In 2021, Koppers balanced portfolio once again delivered value to stakeholders through its 'Expand and Optimize' strategy.  The company achieved its lowest-ever 12-month rate of ser

PITTSBURGH, April 5, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP) and Koppers Utility and Industrial Products Inc., a wholly owned subsidiary of Koppers Holdings Inc., today announced the completion of the sale of its utility pole treating facility in Sweetwater, Tennessee, to affiliates of Culpeper Wood Preservers. As part of Koppers previously announced strategy to optimize its network of operations, the company has transferred its assets at the Sweetwater facility to Culpeper in exchange for an undisclosed sum.  Employees at the site have been given an opportunity

PITTSBURGH, Feb. 23, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has reinstated its long suspended quarterly cash dividend by declaring the company's first quarterly cash dividend since November 2014.  The dividend amount of $0.05 per share of Koppers common stock will be paid on April 4, 2022, to shareholders of record as of the close of trading on March 18, 2022. President and Chief Executive Officer Leroy Ball said, "