Armstrong World Industries approved an $800 million increase to its share repurchase authorization and declared a $0.339 quarterly cash dividend.
Key Highlights:
- Board approved an additional $800 million for share repurchases, raising the program to $2.5 billion.
- Repurchase program extended through Dec. 31, 2029; purchases subject to market, regulatory and business conditions.
- Repurchases may occur via open market, block, privately-negotiated transactions and Rule 10b5-1 plans.
- Quarterly cash dividend of $0.339 per share payable Aug. 19, 2026 to holders of record on Aug. 5, 2026.
- Company emphasized strong adjusted free cash flow and healthy balance sheet as rationale for actions.
Original SEC Filing:
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