Masco Enters $300M Share Repurchase Agreement with Royal Bank of Canada
Masco Corporation announced it has entered into an accelerated share repurchase agreement with Royal Bank of Canada to repurchase $300M of Masco's common stock. This agreement is part of Masco's existing share repurchase authorization under which $2B of authority was announced on February 10, 2026. Under the ASR agreement, Masco will receive initial delivery of approximately 3.3M shares on May 7, 2026 representing approximately 80 percent of the number of shares of common stock initially underlying the ASR agreement, based on the closing price of Masco's common stock of $71.95 on May 6, 2026.
