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StockNews.com
Business
Spandan Khandelwal

Buy This 1 Chemical Stock Before It Takes Off

OLN Hydrogen

Olin Corporation (OLN) manufactures and distributes chemical products in the United States, Europe, and worldwide. It operates in three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The stock has gained 17.2% over the past year and 19.6% over the past month to close its last trading session at $56.43.

OLN’s Board of Directors recently approved a new $2 billion share repurchase program. The company stated that its share repurchase program reflects its Board of Directors' confidence in OLN’s future earnings and cash flow generation.

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