Celanese Corp (CE)

Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities. The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Other Activities segment consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expenses associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1918 and is headquartered in Irving, TX.

Address

222 W. LAS COLINAS BLVD., SUITE 900N
IRVING, TX 75039-5421

Founded

1918

Number of Employees

12,410

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$252,662 $431,777 $523,307 $524,655 $823,662 $1,000,021 $650,222 $1,000,040 - - - $650,793
Average Price $57.63 $63.04 $70.76 $91.64 $103.04 $109.10 $110.41 $152.53 - - - $96.49
# Shares Purchased 4,384,519 6,848,962 7,395,554 5,725,410 7,993,249 9,166,267 5,889,073 6,556,378 - - - 6,744,927
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 113.4% 95.1% 73.8% 34.2% 19.4% 12.7% 11.4% -19.4% - - - 27.5%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% - - - 119.7%
Excess Total Return -68.4% -77.9% -94.8% -95.5% -85.5% -80.4% -63.4% -51.0% - - - -92.2%
Quartile Rank
Percentile Rank 62% 58% 53% 50% 45% 42% 35% 31% - - - 60%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)