Company: OC
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001370946-25-000077
Chunk: 134

Company: Owens Corning
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 134
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 ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Owens Corning’s common stock trades on the New York Stock Exchange under the symbol “OC.” 

Holders of Common Stock

The number of stockholders of record of Owens Corning’s common stock on February 20, 2025 was 55.

Cash Dividends

The payment of any future cash dividends to our stockholders will depend on decisions that will be made by our Board of Directors and will depend on then existing conditions, including our operating results, financial conditions, contractual restrictions, corporate law restrictions, capital agreements, applicable laws of the State of Delaware and business prospects.

Under the credit agreement applicable to our senior revolving credit facility, the Company may not declare a cash dividend if a default or event of default exists or would come to exist at the time of declaration or if a dividend declaration violates the provisions of our formation documents or other material agreements.

The Company’s subsidiaries are subject to certain restrictions on their ability to pay dividends under the agreements governing our senior revolving credit facility and our receivables securitization facility.

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 during the three months ended December 31, 2024:

 PeriodTotal Number ofShares (or Units)Purchased*Average PricePaid per Share(or Unit)Total Number ofShares (or Units)Purchased as Part ofPublicly AnnouncedPlans or Programs**Maximum Number ofShares (or Units) thatMay Yet BePurchased Under thePlans or Programs**October 1-31, 20246,190 $178.52 — 6,863,687 November 1-30, 2024425,787 194.78 422,211 6,441,476 December 1-31, 202491,551 198.59 89,370 6,352,106 Total523,528 $195.25 511,581 

*The Company retained 11,947 shares surrendered to satisfy tax withholding obligations in connection with the vesting of restricted stock 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