Item 2.02 Results of Operations and Financial Condition.
On May 7, 2026, Innospec Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended March 31, 2026 (the “Press Release”).
The information under this Item 2.02 and in Exhibit 99.1 hereto is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”) or otherwise subject to the liabilities of that section. The information under this Item 2.02 and Exhibit 99.1 hereto shall not be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended (“Securities Act”), unless otherwise expressly indicated in such registration statement or other document.
Item 7.01 Regulation FD Disclosure
Dividend and Share Repurchase Authorization
The Company also announced in the Press Release that on May 1, 2026, the Company’s Board of Directors declared a semi-annual cash dividend of $0.92 per share on the Company’s Common Stock, par value $0.01 per share (“Common Stock”). The dividend will be paid on May 29, 2026 to shareholders of record as of May 19, 2026.
In addition, the Board of Directors authorized the repurchase of up to $75 million in shares of the Company’s outstanding common stock over a three-year period commencing on May 12, 2026. This replaces the $50 million repurchase authorization announced on March 11, 2025, of which approximately $16 million remains. The timing, manner, price and amount of any repurchases will be determined in the discretion of management, depending on market conditions and other factors. Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases will be structured to occur in accordance with the requirements of Rule 10b-18 of the Exchange Act. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The repurchase program does not obligate the Company to acquire any particular amount of its Common Stock and may be suspended at any time at the Company’s discretion.
The exact number of shares to be repurchased by the Company, if any, is not guaranteed. Depending on market conditions and other factors, these repurchases may be commenced or suspended at any time or periodically without prior notice.
The information under this Item 7.01 and in Exhibit 99.1 hereto is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section. The information under this Item 2.02 and Exhibit 99.1 hereto shall not be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act, unless otherwise expressly indicated in such registration statement or other document.
Item 9.01 Financial Statements and Exhibits.
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Number |
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Description |
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Method of Filing |
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99.1 |
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Press Release dated May 7, 2026 announcing Innospec Inc.’s financial results for the quarter ended March 31, 2026. |
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Filed Herewith |
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104 |
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Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. |
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