MIDLAND, Mich., Nov. 14 /PRNewswire-FirstCall/ -- The Dow Chemical Company
(NYSE: DOW) announced today that Dow chairman and chief executive officer
Andrew N. Liveris has purchased 20,000 shares of Dow stock at a price of $23
per share, adding to a very active cycle of buying by Dow executive management
over the past two weeks.
Since October 27, Dow management has purchased more than 53,000 shares of
Dow stock on the open market at a total price of more than $1.2 million.
"I believe nothing speaks louder than action," said Liveris. "This
management team is committed to our transformational strategy, and the
personal investments we have made in our Company over the past two weeks
reflect this commitment. We know that, in the end, Dow will emerge a winner.
And at today's price, Dow stock is returning a healthy dividend yield of more
than 7.5 percent, which is very appealing in this economic environment as
well."
About Dow
With annual sales of $54 billion and 46,000 employees worldwide, Dow is a
diversified chemical company that combines the power of science and technology
with the "Human Element" to constantly improve what is essential to human
progress. The Company delivers a broad range of products and services to
customers in around 160 countries, connecting chemistry and innovation with
the principles of sustainability to help provide everything from fresh water,
food and pharmaceuticals to paints, packaging and personal care products.
References to "Dow" or the "Company" mean The Dow Chemical Company and its
consolidated subsidiaries unless otherwise expressly noted. More information
about Dow can be found at www.dow.com
