Dow announced that its board of directors has approved a new share buyback program for the repurchase of up to USD 3 billion of the Company's common stock and is additive to the current outstanding program, which has approximately USD 775 million of authorization remaining that the Company intends to repurchase by mid-2022. Additionally, Dow has declared a dividend of 70 cents per share, payable June 10, 2022, to shareholders of record on May 31, 2022. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately USD 55 billion in 2021.