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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
On July 17, 2024, Atmus’ Board of Directors declared a quarterly cash dividend of $0.05 per share of Common Stock. This dividend is payable on August 14, 2024, to shareholders of record at the close of business on August 1, 2024. The declaration of dividends is subject to the discretion of our Board of Directors and depends on various factors, including our Net income, financial condition, cash requirements, future prospects and other factors that our Board of Directors deems relevant to its analysis and decision making.
On July 17, 2024, Atmus’ Board of Directors authorized a $150 million share repurchase program. Under the share repurchase program, the Company’s common shares may be repurchased in the open market or in privately negotiated transactions, at prices that the Company deems appropriate and subject to numerous factors, including share price, trading volume, general market conditions, applicable law and other factors deemed relevant by the Company. The program does not have an expiration date and may be suspended or discontinued at any time. No shares have been repurchased through the filing of this Quarterly Report on Form 10-Q.