scl-8k_20160720.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): 07/20/2016

 

STEPAN COMPANY

(Exact name of registrant as specified in its charter)

 

Commission File Number: 1-4462

 

Delaware

 

36-1823834

(State or other jurisdiction of

incorporation)

 

(IRS Employer

Identification No.)

Edens and Winnetka Road, Northfield, Illinois 60093

(Address of principal executive offices, including zip code)

(847)446-7500

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 


 

Item 2.02.Results of Operations and Financial Condition 

 

On July 20, 2016, Stepan Company (“Stepan”) issued a press release providing its financial results for the second quarter ended June 30, 2016.  A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

 

Item 8.01.Other Events

 

On July 20, 2016, Stepan issued a press release announcing that its Board of Directors declared a quarterly cash dividend on its common stock of $0.19 per share.  The dividend will be paid on September 15, 2016 to common stockholders of record on August 31, 2016.  A copy of the press release is attached as Exhibit 99.2 hereto and incorporated herein by reference.

 

In addition, on July 20, 2016, Stepan issued a press release announcing it has reached an agreement with Tebras Tensoativos do Brazil Ltda. (Tebras) to acquire their commercial business and with PBC Industria Quimica Ltda. (PBC) to acquire their sulfonation production facility.  The transaction is expected to close in the fourth quarter of 2016.  Financial terms of the transaction were not disclosed.  A copy of the press release is attached as Exhibit 99.3 hereto and incorporated herein by reference.

 

 

 

Item 9.01.Financial Statements and Exhibits

 

(d)

Exhibits

Exhibit Number: 99.1

Description: Press Release of Stepan Company dated July 20, 2016

 

Exhibit Number: 99.2

Description: Press Release of Stepan Company dated July 20, 2016

 

Exhibit Number: 99.3

Description:  Press Release of Stepan Company dated July 20, 2016

 

 

 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

STEPAN COMPANY

Date: July 20, 2016  

 

 

 

 

By:

 

 

/s/ Jennifer Ansbro Hale

 

 

 

 

 

 

Jennifer Ansbro Hale

 

 

 

 

 

 

Vice President, General Counsel and Secretary

 

 

 

 


 

EXHIBIT INDEX

 

Exhibit No.

  

Description

EX-99.1

EX-99.2

EX-99.3

 

  

Press Release of Stepan Company dated July 20, 2016

Press Release of Stepan Company dated July 20, 2016

Press Release of Stepan Company dated July 20, 2016