Owens Corning Appoints Gina Beredo as Chief Administrative Officer
Owens Corning (
NYSEOC), a residential and commercial building products leader, today announced that Gina Beredo has been promoted to the newly created role of Executive Vice President, Chief Administrative Officer & General Counsel of the company.
Owens Corning Delivers Full-Year Net Sales of $11.0 Billion; Generates Earnings of $647 Million and Adjusted EBIT of $2.0 Billion
Owens Corning (
NYSEOC), a residential and commercial building products leader, today reported fourth-quarter and full-year 2024 results.
Owens Corning to Sell Glass Reinforcements Business to Praana Group
Owens Corning (
NYSEOC), a residential and commercial building products leader, and Praana Group, an India-based holding group that operates a diverse portfolio of companies primarily serving the industrial sector, announced today that they have signed a definitive agreement for the sale of Owens Corning’s glass reinforcements business to Praana Group (through its subsidiaries) at an enterprise value of $755,000,000. This sale is a part of Owens Corning’s strategic plan to reshape the company to focus on residential and commercial building products in North America and Europe.
Owens Corning to Build New Shingle Plant in Southeastern U.S.
Owens Corning (
NYSEOC), a residential and commercial building products leader, today announced an investment in shingle manufacturing capacity with the addition of a new facility in the southeastern United States. The strategic investment will expand the company’s Roofing manufacturing network, enhancing Owens Corning’s ability to meet the strong and growing demand for its shingles.
Owens Corning to Announce Fourth-Quarter and Full-Year 2024 Financial Results on February 24
Owens Corning (
NYSEOC) is scheduled to announce its fourth-quarter and full-year 2024 financial results on Monday, February 24, 2025, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day.
Owens Corning Declares First-Quarter 2025 Dividend
Owens Corning (
NYSEOC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.69 per common share. The dividend will be payable on April 10, 2025, to shareholders of record as of March 10, 2025.
Owens Corning Earns Place on Dow Jones Sustainability World Index for 15th Consecutive Year
Owens Corning (
NYSEOC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 15th consecutive year and on the DJSI North America Index for the seventh consecutive year, with industry-leading assessment scores.
Owens Corning Named to Wall Street Journal’s List of Best-Managed Companies of 2024
Owens Corning (
NYSEOC) has been named one of the best-managed companies in the United States by the Wall Street Journal. Earning a spot on the list each year since its first publishing in 2017, Owens Corning ranked 41st overall and second in the real estate and construction category this year.
Owens Corning Announces 15% Dividend Increase
Owens Corning (
NYSEOC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.69 per common share, a 15% increase compared to the prior quarterly dividend. The dividend will be payable on January 17, 2025, to shareholders of record as of January 6, 2025.
Owens Corning Elects Michelle Collins to Board of Directors; W. Howard Morris to Not Stand for Re-election
Owens Corning (
NYSEOC) announced today that Michelle Collins, former Vice Chair, Senior Audit Partner, and National Automotive Sector Leader for Deloitte & Touche LLP, has been elected to the company’s Board of Directors. She has been appointed to serve on the Audit Committee and Finance Committee. In addition, W. Howard Morris has announced that he will not stand for re-election at the company’s next Annual Meeting of Stockholders.
Owens Corning Toasts the 2025 Shingle Color of the Year: Merlot
Owens Corning (
NYSEOC) today announced its 2025 Shingle Color of the Year: “Merlot.” A complex yet welcoming, on-trend alternative to conventional red, the shingle color balances shades of warm gray, oaky brown, and spiced sienna with deep crimson and earthy purple undertones.
Owens Corning Named to the 100 Best Corporate Citizens of 2024
Owens Corning (
NYSEOC) has been recognized by 3BL as one of the 100 Best Corporate Citizens of 2024. Ranked fourth overall among the largest public companies in the U.S., Owens Corning earned the recognition for its environmental, social, and governance (ESG) transparency and performance.
Owens Corning to Announce Third-Quarter Financial Results on November 6
Owens Corning (
NYSEOC) is scheduled to announce its third-quarter financial results on Wednesday, November 6, 2024, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day.
Owens Corning Declares Third-Quarter 2024 Dividend
Owens Corning (
NYSEOC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per common share. The dividend will be payable on November 4, 2024, to shareholders of record as of October 18, 2024.
Owens Corning to Showcase the Power of Composites to ‘Make More Possible’ at CAMX 2024
Composites experts from Owens Corning (
NYSEOC) will showcase the power of composites to “Make More Possible” at CAMX 2024, Sept. 9-12, in San Diego, Calif.
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Owens Corning Delivers Net Sales of $2.8 Billion; Generates Net Earnings of $285 Million and Adjusted EBIT of $588 Million
Owens Corning (
NYSEOC), a global residential and commercial building products leader, today reported second-quarter 2024 results. These results include performance of the company’s newly added Doors segment, which was established following the May 15 acquisition of Masonite International Corporation, a leading provider of doors and door systems.
Owens Corning to Announce Second-Quarter Financial Results on August 6
Owens Corning (
NYSEOC) is scheduled to announce its second-quarter financial results on Tuesday, August 6, 2024, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day.
Owens Corning Declares Second-Quarter 2024 Dividend
Owens Corning (
NYSEOC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per common share. The dividend will be payable on August 2, 2024, to shareholders of record as of July 15, 2024.
Owens Corning Announces Early Settlement Date for Exchange Offer and Consent Solicitation
Owens Corning (
NYSEOC) today announced that, in connection with the previously announced exchange offer (the “Exchange Offer”) by Owens Corning and consent solicitation (the “Consent Solicitation”) by Masonite International Corporation (“Masonite”), it has elected to have an Early Settlement Date of May 22, 2024 (the “Early Settlement Date”).
Owens Corning Completes Acquisition of Masonite, Strengthening Leadership in Building and Construction Materials
Owens Corning (
NYSEOC) today announced it has completed its acquisition of Masonite International Corporation (“Masonite”), a leading global provider of interior and exterior doors and door systems. All outstanding Masonite common shares have been acquired by Owens Corning for $133.00 per share, with an implied transaction value of approximately $3.9 billion.
