Owens Corning Announces Approximately 50% Dividend Increase, Authorization for Repurchase of Up to 10 Million Additional Shares
Owens Corning Inc New (OC)
Last owens corning inc new earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
investor.owenscorning.com/investors/overview/default.aspx
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Source: Business Wire
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has approved a quarterly dividend increase and new share repurchase authorization. The actions reaffirm the company’s capital allocation strategy and reflect the success of its disciplined commercial and operational execution to deliver sustainable performance in a dynamic macro-economic environment.“The substantial increase in our dividend and additional share repurchase authorization reflect the earnings power of our company, strong performance across our businesses, and confidence in our ability to consistently generate strong free cash flow,” said Chair and Chief Executive Officer Brian Chambers. “We remain focused on executing on our enterprise strategy and enhancing shareholder value.”Board Increases Quarterly Cash DividendThe Board has declared a quarterly cash dividend of $0.52 per common share, an approximately 50% increase compared with the prior quarterly dividend. The di
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OC
Earnings
- 2/14/24 - Beat
OC
Sec Filings
- 4/15/24 - Form 8-K
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- OC's page on the SEC website