Owens Corning
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 24, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities.
None.
Issuer Purchases of Equity Securities
The following table provides information about Owens Corning’s purchases of its common stock for each month during the quarterly period covered by this report:
| Period · Total Number ofShares (orUnits)Purchased · AveragePrice Paidper Share(or Unit) · Total Number ofShares (orUnits)Purchased asPart of PubliclyAnnouncedPlans orPrograms** · Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs** | |||||
|---|---|---|---|---|---|
| January 1-31, 2024 | 374,852 | $149.04 | 374,852 | 8,570,350 | |
| February 1-29, 2024 | 415,805 | 148.50 | 219,739 | 8,350,611 | |
| March 1-31, 2024 | 288,467 | 154.29 | 273,666 | 8,076,945 | |
| Total | 1,079,124 | * | $150.24 | 868,257 | 8,076,945 |
- The Company retained an aggregate of 210,867 shares surrendered to satisfy tax withholding obligations in connection with the vesting of restricted share units granted to our employees.
** On December 1, 2022 the Board of Directors approved a new share repurchase program under which the Company is authorized to repurchase up to an aggregate of 10 million shares of the Company’s outstanding common stock (the “Repurchase Authorization”). The Repurchase Authorization enables the Company to repurchase shares through the open market, privately negotiated, or other transactions. The actual number of shares repurchased will depend on timing, market conditions and other factors and will be at the Company’s discretion. The Company repurchased 0.9 million shares of its common stock for $130 million, inclusive of applicable taxes, during the three months ended March 31, 2024, under the Repurchase Authorization. As of March 31, 2024, 8.1 million shares remain available for repurchase under the Repurchase Authorization.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.