Masco Corporation Announces $500 Million Accelerated Share Repurchase
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced it has entered into an accelerated share repurchase (“ASR”) agreement with Wells Fargo Bank, National Association to repurchase $500 million of Masco’s common stock. This agreement is part of Masco’s existing share repurchase authorization under which $2 billion of authority was announced on February 9, 2021. Under the ASR agreement, Masco will receive initial delivery of approximately 7.9 million shares on May 10, 2
Masco Corporation Announces $500 Million Accelerated Share Repurchase
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced it has entered into an accelerated share repurchase (“ASR”) agreement with Wells Fargo Bank, National Association to repurchase $500 million of Masco’s common stock. This agreement is part of Masco’s existing share repurchase authorization under which $2 billion of authority was announced on February 9, 2021. Under the ASR agreement, Masco will receive initial delivery of approximately 7.9 million shares on May 10, 2