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Stock impact report

Masonite International Corporation Authorizes Additional Share Repurchase Program

Masonite International Corporation Ordinary Shares (Canada) (DOOR) 
Last masonite international corporation ordinary shares (canada) earnings: 2/18 04:25 pm Check Earnings Report
US:NYSE Investor Relations: investor.masonite.com
Company Research Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation (NYSE:DOOR) announced today that its Board of Directors approved a new share repurchase program pursuant to which the Company intends to repurchase up to $250 million of its outstanding common shares. This is in addition to the existing share repurchase authorization approved in February 2017, under which approximately $61 million remained available for repurchases as of May 9, 2018. Any repurchases under the new and existing program will be made in the open market, in privately negotiated transactions or otherwise, subject to market conditions, applicable legal requirements, and other relevant factors. The share repurchase programs do not obligate the Company to acquire any particular amount of common shares, and it may be suspended or terminated at any time at the Company’s discretion. The timing of the repurchases and the actual amount Show less Read more
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