NYSE:NEUChemicals
Does NewMarket’s Boardroom Shuffle and Dividend Reaffirmation Clarify Its Petroleum Additives Strategy for NEU?
NewMarket Corporation’s board recently added Executive Vice President and Chief Administrative Officer Bruce R. Hazelgrove III as a director, reaffirmed its quarterly US$3.00 per-share dividend payable on April 1, 2026, and appointed Susan M. Ridlehoover as Principal Accounting Officer.
At the same time, an investor letter from Harbor Capital Advisors drew attention to ongoing weakness in NewMarket’s petroleum additives business, a core revenue contributor that is shaping investor...