{"id":785374,"date":"2022-05-10T20:02:52","date_gmt":"2022-05-10T18:02:52","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/masco-corporation-announces-500-million-accelerated-share-repurchase\/"},"modified":"2023-07-10T20:00:57","modified_gmt":"2023-07-10T18:00:57","slug":"masco-corporation-announces-500-million-accelerated-share-repurchase","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/masco-corporation-announces-500-million-accelerated-share-repurchase\/","title":{"rendered":"Masco Corporation Announces $500 Million Accelerated Share Repurchase"},"content":{"rendered":"LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced it has entered into an accelerated share repurchase (\u201cASR\u201d) agreement with Wells Fargo Bank, National Association to repurchase $500 million of Masco\u2019s common stock.\n\n\n\nThis agreement is part of Masco\u2019s existing share repurchase authorization under which $2 billion of authority was announced on February 9, 2021.\n\n\nUnder the ASR agreement, Masco will receive initial delivery of approximately 7.9 million shares on May 10, 2022, representing approximately 85 percent of the number of shares of common stock initially underlying the ASR agreement, based on the closing price of Masco\u2019s common stock of $53.76 on May 9, 2022.\n\n\nThe final number of shares to be r
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LIVONIA, Mich.–(BUSINESS WIRE)–Masco Corporation (NYSE: MAS) today announced it has entered into an accelerated share repurchase (\u201cASR\u201d) agreement with Wells Fargo Bank, National Association to repurchase $500 million of Masco\u2019s common stock. This agreement is part of Masco\u2019s existing share repurchase authorization under which $2 billion of authority was announced on February 9, 2021. Under […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-785374","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nMasco Corporation Announces $500 Million Accelerated Share Repurchase - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/masco-corporation-announces-500-million-accelerated-share-repurchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Masco Corporation Announces $500 Million Accelerated Share Repurchase - BeBeez\" \/>\n<meta property=\"og:description\" content=\"LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced it has entered into an accelerated share repurchase (\u201cASR\u201d) agreement with Wells Fargo Bank, National Association to repurchase $500 million of Masco\u2019s common stock. This agreement is part of Masco\u2019s existing share repurchase authorization under which $2 billion of authority was announced on February 9, 2021. 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