Huntsman (NYSE:HUN) stockholders approved the company’s proposed merger agreement with Olin Corporation during a virtual special meeting held in 2026, clearing a key shareholder-vote requirement for the planned business combination.
Peter Huntsman, the company’s chairman, president and chief executive officer, called the special meeting to order shortly after 9:00 a.m. Central Time. He said the meeting was held virtually and that Natalie Herrstrom of American Election Services, LLC, had been appointed as the independent Inspector of Elections.
Merger Proposal Approved
The principal matter before stockholders was the adoption of the agreement and plan of merger dated June 15, 2026, involving Huntsman, Olin Corporation, Olympus Merger Sub, Inc. and Hook Merger Sub LLC. The agreement provides for a business combination between Huntsman and Olin through either a direct merger or a subsidiary merger, along with related transactions.
Huntsman’s board unanimously recommended that stockholders vote in favor of the merger proposal. Approval required an affirmative vote from holders of a majority of Huntsman’s outstanding shares entitled to vote on the matter.
Following the close of voting, Smedley said the independent Inspector of Elections’ preliminary report indicated that stockholders had approved the merger proposal.
Executive Compensation Advisory Vote Also Passes
Stockholders also approved, on a non-binding advisory basis, a proposal concerning compensation that may be paid or become payable to Huntsman’s named executive officers based on or otherwise related to the merger.
The board had unanimously recommended approval of that proposal as well. It required approval by a majority of the voting power of capital stock present in person or represented by proxy and entitled to vote at the meeting.
Smedley said the preliminary voting report showed that stockholders approved the merger-related executive compensation proposal.
Adjournment Vote Not Required
A third proposal would have authorized one or more adjournments of the special meeting, if necessary or appropriate, including to solicit additional votes or proxies should there have been insufficient support for the merger proposal.
Because the merger proposal was approved, Huntsman did not call a vote on the adjournment proposal, Smedley said.
The company said it would file a Form 8-K with the Securities and Exchange Commission to announce final voting results after receiving the official report from the independent Inspector of Elections.
No shareholder questions, comments or additional business were presented following the formal business portion of the meeting, and Peter Huntsman adjourned the meeting.
About Huntsman (NYSE:HUN)
Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with headquarters in The Woodlands, Texas. Founded in 1970 by entrepreneur Jon Huntsman Sr., the company has grown through strategic acquisitions and organic expansion to establish a broad portfolio of products serving diverse end markets. Huntsman maintains a presence in more than 30 countries, operating manufacturing facilities across North America, Europe, Asia-Pacific, Latin America and the Middle East.
The company organizes its operations into several core business segments, including Polyurethanes, Performance Products, Advanced Materials, and Textile Effects.
