Risk Factors Update Summary
- Decrease in aggregate principal amount of indebtedness from $5.9 billion to $4.7 billion.
- Introduction of new products by competitors could diminish market share and increase pricing pressure.
- Increased reliance on remote access due to COVID-19 may increase cybersecurity risks.
- Increase in aggregate principal amount of unsecured notes from $895 million to $1.7 billion.
- Discontinuation of cash dividends and potential discontinuation of share repurchase program.
- Completion of the acquisition of CMC Materials may result in higher-than-expected integration costs.
- Ability to request additional loans and commitments increased from $1.1 billion to $1.1 billion.
- Volatility in stock price with a range from $13 to $121 in 2023.
- Failure to comply with environmental regulations could lead to significant liabilities and expenses.
- Potential inability to maintain credit worthiness or prospective credit rating, impacting liquidity and capital.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1101302&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.