NYSE:NEUChemicals
Why NewMarket (NEU) Is Up 13.6% After Robust Q2 Earnings And Aggressive Share Buybacks
NewMarket Corporation recently reported past second-quarter and first-half 2026 results, with sales of US$747.09 million and US$1.42 billion respectively, alongside net income of US$133.75 million and US$251.82 million, and higher basic earnings per share from continuing operations versus a year earlier.
In parallel, the company completed a substantial share repurchase effort, buying back 537,201 shares for US$323.76 million, which reduces the share count and can enhance the impact of its...