Eastman Chemical Files 8-K on Operations & Financial Condition

Ticker: EMN · Form: 8-K · Filed: 2024-02-01T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, results-of-operations, 8-K, corporate-filing

TL;DR

**EMN just filed an 8-K on its financial results, keep an eye out for details.**

AI Summary

Eastman Chemical Company (EMN) filed an 8-K on February 1, 2024, to report on its results of operations and financial condition. The filing specifically mentions its Common Stock, with a par value of $0.01 per share, and its 1.875% Notes Due 2026, both registered on the New York Stock Exchange. This matters to investors because it provides a formal update on the company's financial status, which can influence stock performance and bondholder confidence.

Why It Matters

This filing provides a formal, public update on Eastman Chemical's financial health, which is crucial for investors to assess the company's performance and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information and does not inherently indicate new risks, but rather provides data for risk assessment.

Analyst Insight

Investors should review the full financial statements and exhibits, once available, to understand the specific 'Results of Operations and Financial Condition' mentioned in this 8-K, as this filing only indicates the event occurred without providing the detailed results themselves.

Key Numbers

$0.01 — Common Stock par value (This is the stated par value per share for Eastman Chemical's common stock.)
1.875% — Notes interest rate (This is the annual interest rate for Eastman Chemical's Notes Due 2026.)
2026 — Notes due date (This is the maturity year for Eastman Chemical's 1.875% Notes.)

Key Players & Entities

EASTMAN CHEMICAL COMPANY (company) — the registrant filing the 8-K
New York Stock Exchange (company) — where Eastman Chemical's securities are registered
$0.01 (dollar_amount) — par value per share of Common Stock
February 1, 2024 (date) — date of the earliest event reported and filing date

Forward-Looking Statements

Eastman Chemical Company will provide more detailed financial results for the period ending February 1, 2024, in an upcoming earnings report. (EASTMAN CHEMICAL COMPANY) — high confidence, target: Q1 2024 Earnings Report

FAQ

What is the specific date of the earliest event reported in this 8-K filing by Eastman Chemical Company?

The specific date of the earliest event reported in this 8-K filing is February 1, 2024, as stated in the 'Date of report (Date of earliest event reported)' section.

What is the par value per share for Eastman Chemical Company's Common Stock, as indicated in the filing?

The par value per share for Eastman Chemical Company's Common Stock is $0.01, as explicitly stated under 'Title of each class' for 'Common Stock, par value $0.01 per share'.

On which exchange are Eastman Chemical Company's Common Stock and 1.875% Notes Due 2026 registered?

Both Eastman Chemical Company's Common Stock and its 1.875% Notes Due 2026 are registered on the New York Stock Exchange, as listed under 'Name of each exchange on which registered'.

What is the interest rate and maturity year for the Notes mentioned in the filing?

The Notes mentioned in the filing are the '1.875% Notes Due 2026', indicating an interest rate of 1.875% and a maturity year of 2026.

What is the business phone number for Eastman Chemical Company, according to the filing?

The business phone number for Eastman Chemical Company is (423) 229-2000, as provided in the 'Registrant’s Telephone Number, Including Area Code' section.

From the Filing

0000915389-24-000010.txt : 20240201 0000915389-24-000010.hdr.sgml : 20240201 20240201164401 ACCESSION NUMBER: 0000915389-24-000010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240201 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EASTMAN CHEMICAL CO CENTRAL INDEX KEY: 0000915389 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 621539359 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12626 FILM NUMBER: 24587579 BUSINESS ADDRESS: STREET 1: PO BOX 511 STREET 2: 200 SOUTH WILCOX DRIVE CITY: KINGSPORT STATE: TN ZIP: 37660 BUSINESS PHONE: 4232292000 MAIL ADDRESS: STREET 1: P O BOX 511 B-54D CITY: KINGSPORT STATE: TN ZIP: 37662 8-K 1 emn-20240201.htm 8-K emn-20240201 0000915389 false 0000915389 2024-02-01 2024-02-01 0000915389 us-gaap:CommonStockMember 2024-02-01 2024-02-01 0000915389 emn:A1.875notesdueNovember2026Member 2024-02-01 2024-02-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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): February 1, 2024 EASTMAN CHEMICAL CO MPANY (Exact Name of Registrant as Specified in Its Charter) Delaware   1-12626   62-1539359 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 200 South Wilcox Drive   Kingsport Tennessee 37662 (Address of Principal Executive Offices) (Zip Code) ( 423 )  229-2000 (Registrant’s Telephone Number, Including Area Code)    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)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share   EMN New York Stock Exchange 1.875% Notes Due 2026 EMN26 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ EASTMAN CHEMICAL COMPANY - EMN      Item 2.02 Results of Operations and Financial Condition   On February 1, 2024, the registrant publicly released its financial results for fourth quarter and full year 2023. The full text of the release is furnished as Exhibit 99.01 to this Current Report on Form 8-K, and is incorporated herein by reference. This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange