SUBSEQUENT EVENTS:

6 Months Ended

Jun. 30, 2025

SUBSEQUENT EVENTS:

SUBSEQUENT EVENTS:

NOTE 16 — SUBSEQUENT EVENTS:

Dividends:

On July 24, 2025, the Board of Directors authorized a quarterly cash dividend of $0.80 per share of common stock and a stock dividend of 0.0101 shares of common stock per share of common stock, payable on September 4, 2025 to shareholders of record at the close of business on August 15, 2025.

In lieu of fractional shares, cash will be distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $99.47, which is the average of the high and low share price on July 24, 2025.

Benefit plans:

On July 24, 2025, the Board of Directors authorized the termination of the noncontributory defined benefit pension plan covering former salaried employees in the United States and certain former expatriate employees in Peru. The costs related to this termination will be approximately $0.7 million.