Armstrong World (AWI) Increases Share Buyback by $500M
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Armstrong World Industries Announces Increase to Share Repurchase Program and Quarterly Dividend
July 19, 2023 4:30 PM EDTLANCASTER, Pa., July 19, 2023 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE: AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, today announced that its Board of Directors has approved an additional $500 million authorization to repurchase shares under the Company's existing share repurchase program, increasing the total authorized amount under the program to $1.7 billion, and extending the program through December 31, 2026.
In addition, the Board of Directors has declared a cash dividend of $0.254 per share of common stock. The dividend will be paid on August... More
