Company: OC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001370946-25-000205
Chunk: 96

Company: Owens Corning
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 4
Chunk 96
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,313 137.61 727,440 16,926,362 June 1-30, 2025885,292 136.21 881,051 16,045,311 Total1,631,491 $136.85 1,608,491 

*The Company retained an aggregate of 23,576 shares surrendered to satisfy tax withholding obligations in connection with the vesting of restricted share units granted to our employees.**On May 13, 2025, the Board of Directors approved a new share repurchase program under which the Company is authorized to repurchase up to 12 million shares of the Company’s outstanding common stock (the “2025 Repurchase Authorization”). On December 1, 2022, the Board of Directors approved a share repurchase program under which the Company is authorized to repurchase up to 10 million shares of the Company’s outstanding common stock (together with the 2025 Repurchase Authorization, the "Repurchase Authorizations"). The Repurchase Authorizations enable 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 2.3 million shares of its common stock for $322 million, inclusive of applicable taxes, during the six months ended June 30, 2025, under the Repurchase Authorizations. As of June 30, 2025, 16.0 million shares remain available for repurchase under the Repurchase Authorizations.

ITEM 3.    DEFAULTS UPON SENIOR SECURITIES

None.