StockWatch
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Major Chemicals
Management ChangeMay 21, 2026, 04:17 PM

Valhi Appoints Randy L. Hill to Board; Declares $0.08 Quarterly Dividend

AI Summary

Valhi, Inc. announced that its board of directors appointed Randy L. Hill as a new director, filling the vacancy left by the passing of W. Hayden McIlroy. Mr. Hill will also serve on the audit committee. Additionally, the company declared a regular quarterly dividend of $0.08 per share, payable on June 25, 2026, to shareholders of record on June 4, 2026. At its annual meeting, stockholders also elected six directors for a one-year term and approved, on a nonbinding advisory basis, the compensation of its named executive officers.

Key Highlights

  • Valhi's board appointed Randy L. Hill as a new director to fill a vacancy.
  • Mr. Hill was also appointed to serve on the company's audit committee.
  • Valhi declared a regular quarterly dividend of $0.08 per share on common stock.
  • The dividend is payable on June 25, 2026, to stockholders of record on June 4, 2026.
  • Stockholders elected six directors for a one-year term at the annual meeting.
  • Stockholders approved, on a nonbinding advisory basis, executive officer compensation.