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Tronox Reports Fourth Quarter and Full Year 2020 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Tronox Reports Fourth Quarter and Full Year 2020 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Tronox Releases Selected Preliminary Fourth Quarter 2020 Financial Results and Announces Termination of TTI Acquisition Agreement Revenue Above Expectations; Adjusted EBITDA to Exceed Previously Issued Guidance $300 million Discretionary Debt Repayment to be Made by End of Quarter Increasing Annualized Dividend to $0.32 per share News provided by Share this article Summary: Revenue expected to be $783 million (1) (1)(2) Termination of the TTI transaction agreement following rejection by the U.K. Competition and Markets Authority ( CMA ) of a remedy proposal and opening of a Phase 2 investigation $300 million discretionary debt repayment to be made by the end of the quarter from cash on the balance sheet originally intended for the TTI acquisition ....
Share this article Share this article STAMFORD, Conn., Dec. 27, 2020 /PRNewswire/ Tronox Holdings plc (NYSE:TROX) ( Tronox or the Company ), the world s leading integrated manufacturer of titanium dioxide pigment, today announced that its Board of Directors (the Board ) appointed John D. Romano, Executive Vice President, Chief Commercial and Strategy Officer, and Jean-François Turgeon, Executive Vice President and Chief Operating Officer, as co-Chief Executive Officers on an interim basis, effective immediately. In addition, Ilan Kaufthal, Lead Independent Director, has been elected Chairman of the Board on an interim basis, effective immediately. Chairman and Chief Executive Officer Jeffry N. Quinn will take a leave of absence, effective immediately. On December 24, 2020, Mr. Quinn alerted the Board that he had been referenced as an unnamed individual in a Securities and Exchange Commission civil complaint and related criminal complaint regarding alleged inside ....