Albemarle Corporation 8-K Report: Insights on Stock Offerings & Financial Updates

Based on the provided section of the financial report, here are the key pieces of information extracted:
- Entity Identification:
- Name: Albemarle Corporation
- CIK: 0000915913
- Exchange: NYSE
- Stock Ticker: ALB (Common Stock), ALB PR A (Depositary Shares of Preferred Stock)
- Filing Information:
- Form Type: 8-K
- Filing Date: February 12, 2025
- Stock Information:
- Common Stock: Par value of $0.01
- Preferred Stock: Represents a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred Stock.
- Address:
- Location: 4250 Congress Street, Suite 900, Charlotte, NC 28209
- Phone Number: 980-299-5700
- Periods:
- The reporting period for this filing is specifically noted as starting and ending on February 12, 2025.
- Segments:
- The report identifies two classes of stock:
- Common Stock
- Series A Preferred Stock
Insights:
- Convertible Preferred Stock: The mention of 7.25% Series A Mandatory Convertible Preferred Stock indicates that Albemarle Corporation is likely focusing on raising capital while offering investors a fixed return through the preferred shares.
- Recent Filing: The 8-K filing suggests that the company may have had significant events or transactions to report on this date, which could impact investor perception and stock performance.
- Location and Contact: The corporate office is based in Charlotte, NC, which is relevant for stakeholders and investors looking to engage with the company.
This information is crucial for understanding the company's current financial standing, the nature of its stock offerings, and potential implications for investors.