Company: OC
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001628280-25-022858
Chunk: 84

Company: Owens Corning
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 3
Chunk 84
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653,802 Total912,637 $149.45 698,304 

*The Company retained an aggregate of 214,333 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 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 approximately 0.7 million shares of its common stock for $101 million, inclusive of applicable taxes, during the three months ended March 31, 2025, under the Repurchase Authorization. As of March 31, 2025, approximately 5.7 million shares remain available for repurchase under the Repurchase Authorization.