OXYCHEM Market Analysis and Guidance
FINANCIALS
PREFERRED EQUITY REDEMPTION
1Q23
$0.95
2Q23
4Q22
$0.68
$0.81
$4.081
3Q22
3Q23
through
08/02/23
Total
from
08/03/22
$1.46
$0.18
3Q22
before
15
Year-To-Date >$4/Share Shareholder Distributions
and Preferred Equity Redemption¹
08/03/22
$0.72
Commodity prices key driver of
future redemption pace
Trailing 12-Month
Shareholder Distributions
$0.00 Dividends
$1,286 MM excess distributions
to common shareholders²
+
Mandatory $1,286 MM match
to Berkshire Hathaway³
$2,572 MM total cash outlay
-
$0.13 Dividends
$0.59
Repurchases $1.46 Repurchases
$0.13 Dividends
$0.68 Repurchases
$0.13 Dividends
$0.82
Repurchases
$0.18 Dividends
$0.50 Repurchases
$0.18 Dividends
$0.00 Repurchases
Distribution added to
rolling 12-month calculation
$1,169 MM of preferred principal
redeemed
$117 MM of premium paid (10%)
Mandatory redemption continues
while trailing 12-month common
distributions remain above $4/share
NOTE: REPURCHASES = COMMON SHARE REPURCHASES; PER SHARE DISTRIBUTIONS CALCULATED DAILY BASED ON BASIC SHARE COUNT ON THE DAY OF EACH DISTRIBUTION
1AS OF 08/02/23 2EXCESS DISTRIBUTIONS DEFINED AS OVER $4 PER SHARE 3INCLUDES SHARES TO BE REDEEMED PER REQUISITE NOTICE GIVEN
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