Albemarle Corp. Files Amendment to Annual Report

Ticker: ALB-PA · Form: 10-K/A · Filed: Mar 28, 2024 · CIK: 915913

Albemarle CORP 10-K/A Filing Summary
FieldDetail
CompanyAlbemarle CORP (ALB-PA)
Form Type10-K/A
Filed DateMar 28, 2024
Risk Levellow
Pages5
Reading Time6 min
Sentimentneutral

Sentiment: neutral

Topics: Albemarle, 10-K/A, SEC Filing, Amendment, Corporate Governance

TL;DR

<b>Albemarle Corporation has filed an amendment to its 2023 annual report, confirming its status as a seasoned issuer.</b>

AI Summary

ALBEMARLE CORP (ALB-PA) filed a Amended Annual Report (10-K/A) with the SEC on March 28, 2024. Albemarle Corporation filed an amendment (No. 1) to its Form 10-K for the fiscal year ended December 31, 2023. The company is incorporated in Virginia and its principal executive offices are located in Charlotte, North Carolina. Albemarle Corporation is registered with the SEC under file number 001-12658. The company's common stock is traded on the New York Stock Exchange under the symbol ALB. The filing indicates Albemarle Corporation has been subject to Section 13 or 15(d) filing requirements for at least the past 90 days.

Why It Matters

For investors and stakeholders tracking ALBEMARLE CORP, this filing contains several important signals. This amendment provides updated information for the fiscal year ending December 31, 2023, which is crucial for investors to have the most current financial and operational details. As a publicly traded company on the NYSE, Albemarle's adherence to SEC filing requirements, including amendments, is a key indicator of its corporate governance and transparency.

Risk Assessment

Risk Level: low — ALBEMARLE CORP shows low risk based on this filing. The filing is an amendment to a 10-K, indicating it's an update to previously filed information rather than a new disclosure of significant events.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial or operational details for Albemarle Corporation.

Key Numbers

Key Players & Entities

FAQ

When did ALBEMARLE CORP file this 10-K/A?

ALBEMARLE CORP filed this Amended Annual Report (10-K/A) with the SEC on March 28, 2024.

What is a 10-K/A filing?

A 10-K/A is a amendment to a previously filed annual report, correcting or updating financial statements or disclosures. This particular 10-K/A was filed by ALBEMARLE CORP (ALB-PA).

Where can I read the original 10-K/A filing from ALBEMARLE CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ALBEMARLE CORP.

What are the key takeaways from ALBEMARLE CORP's 10-K/A?

ALBEMARLE CORP filed this 10-K/A on March 28, 2024. Key takeaways: Albemarle Corporation filed an amendment (No. 1) to its Form 10-K for the fiscal year ended December 31, 2023.. The company is incorporated in Virginia and its principal executive offices are located in Charlotte, North Carolina.. Albemarle Corporation is registered with the SEC under file number 001-12658..

Is ALBEMARLE CORP a risky investment based on this filing?

Based on this 10-K/A, ALBEMARLE CORP presents a relatively low-risk profile. The filing is an amendment to a 10-K, indicating it's an update to previously filed information rather than a new disclosure of significant events.

What should investors do after reading ALBEMARLE CORP's 10-K/A?

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial or operational details for Albemarle Corporation. The overall sentiment from this filing is neutral.

How does ALBEMARLE CORP compare to its industry peers?

Albemarle Corporation operates in the chemicals industry, specifically focusing on plastics, materials, synthetic resins, and non-vulcanized elastomers.

Are there regulatory concerns for ALBEMARLE CORP?

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including filing annual reports (10-K) and amendments.

Industry Context

Albemarle Corporation operates in the chemicals industry, specifically focusing on plastics, materials, synthetic resins, and non-vulcanized elastomers.

Regulatory Implications

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including filing annual reports (10-K) and amendments.

What Investors Should Do

  1. Analyze the content of Amendment No. 1 to the 10-K for specific disclosures or revisions.
  2. Verify Albemarle Corporation's compliance with SEC filing deadlines and requirements.
  3. Monitor future filings for any significant changes or updates from Albemarle Corporation.

Key Dates

Year-Over-Year Comparison

This is an amendment (No. 1) to the previously filed 10-K for the fiscal year ended December 31, 2023.

Filing Stats: 1,455 words · 6 min read · ~5 pages · Grade level 11.7 · Accepted 2024-03-28 16:18:54

Filing Documents

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules. (a)(1) The following consolidated financial and informational statements of the registrant are included in Part II Item 8 of the Company's Annual Report on Form 10-K filed on February 15, 2024: Management's Report on Internal Control Over Financial Reporting Report of Independent Registered Public Accounting Firm ( PricewaterhouseCoopers LLP , Charlotte, North Carolina , PCAOB ID 238 ) Consolidated Balance Sheets as of December 31, 2023 and 2022 Consolidated Statements of Income, Comprehensive Income, Changes in Equity and Cash Flows for the years ended December 31, 2023, 2022 and 2021 Notes to the Consolidated Financial Statements (a)(2) No Financial Statement Schedules are provided in accordance with Item 15(a)(2) as the information is either not applicable, not required or has been furnished in the Consolidated Financial Statements or Notes thereto. (a)(3) Exhibits The following documents are filed as exhibits to this Annual Report on Form 10-K/A (Amendment No.1) pursuant to Item 601 of Regulation S-K. These exhibits should be read in conjunction with Item 15 of the Company's Annual Report on Form 10-K filed on February 15, 2024: *23.6 Consent of KPMG. *31.1 Certification of Principal Executive Officer pursuant to Rule 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended. *31.2 Certification of Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended. *32.1 Certification of Principal Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *32.2 Certification of Principal Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *99.1 Financial Statements of Windfield Holdings Pty Ltd for the year ended December 31, 2023. *101 Interactive Data Files (Annual Report on Form 10-K, for the f

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. A LBEMARLE C ORPORATION (Registrant) By: / S / J. K ENT M ASTERS (J. Kent Masters) Chairman, President and Chief Executive Officer Dated: March 28, 2024

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