Company: OC
Filing Date: 2025-02-14
Form Type: 8-K
Source: 0001370946-25-000070
Chunk: 3

Company: Owens Corning
Filing Date: 2025-02-14
Form: 8-K
Item: Item 8.01
Chunk 3
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 fund initiatives consistent with its capital allocation strategy including organic investments to drive growth and the return of cash to shareholders through share repurchases and cash dividends.

The Company will retain its vertically integrated glass nonwovens business that supports the Company’s Roofing business and other building products customers, along with its structural lumber business, which are both core to the Company's strategic focus. These businesses will be integrated into the Roofing business segment. Two glass melting plants, which make fiber for the nonwoven business, will also be retained and integrated into the Insulation segment. The Composites business segment will be eliminated. The Company will begin reporting its financial results based on these segment changes with the filing of its Quarterly Report on Form 10-Q for the quarter ending March 31, 2025, with prior periods adjusted accordingly.

Forward-Looking Statements