CONSHOHOCKEN, PA — Quaker Houghton approved a new $250 million share repurchase program and maintained its quarterly dividend, signaling continued emphasis on shareholder returns as the industrial chemicals company balances cash deployment between acquisitions, operations, and capital returns.
The company’s board authorized the repurchase of up to $250 million in common stock while terminating a prior buyback program approved in 2024.
Quaker Houghton also declared a quarterly cash dividend of $0.508 per share payable July 31 to shareholders of record as of July 17.
The expanded repurchase authorization provides the company with additional flexibility to return capital during a period of uneven industrial demand and broader uncertainty across global manufacturing markets.
Chief Executive Officer Joseph Berquist described the authorization as part of a broader capital-allocation strategy balancing growth investments with shareholder returns.
“We will continue to prioritize growth while balancing overall capital allocation and returning cash to shareholders,” Berquist said.
The company stated repurchases may occur through open-market purchases, accelerated repurchase transactions, privately negotiated deals, derivative transactions, or Rule 10b5-1 trading plans.
Management indicated the pace and size of repurchases will depend on factors including share valuation, liquidity levels, market conditions, debt obligations, legal requirements, and alternative investment opportunities.
Quaker Houghton added that the company is not obligated to repurchase any minimum number of shares and may suspend or terminate the program at any time.
The company expects to finance repurchases through cash on hand and future free cash flow generation.
Quaker Houghton supplies specialty chemical products and industrial process fluids used across manufacturing sectors including steel, aluminum, automotive, aerospace, mining, and metalworking industries.
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