Koppers Holdings Estimates Restructuring Charges At $4M-$5M, Which The Company Anticipates Will Result In Future Cash Expenditures Of ~$1M

The Company estimates pre-tax restructuring charges, employee severance charges and related benefit costs for actions associated with the workforce reduction program to be in the range of $4 million to $5 million, which the Company anticipates will result in future cash expenditures of approximately $1 million.