“Our financial strength creates a meaningful opportunity to support growth through targeted investments and acquisitions.”

Mike Thaman - Chairman and Chief Executive Officer
April 26, 2017 – Q1 2017 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 63 consecutive years, the company develops solutions that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, Owens Corning makes thousands of products lighter, stronger and more durable.

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Stock Quote

Price65.56 Change+1.47 Volume: 508,784 % Change+2.29% July 26, 2017 Pricing delayed 20 minutes

Press Releases

26 July, 2017 Owens Corning Reports Second-Quarter 2017 Results PDF format download (opens in new window)
Company Grew First-Half Net Sales by 11% on Strong Contribution from all Three Businesses Roofing produced EBIT of $155 million in the quarter, with EBIT margins of 23% Composites delivered record quarterly EBIT of $84 million, with EBIT margins of 16% Insulation increased net sales by 6% and generated EBIT of $29 million in the quarter Pittsburgh Corning acquisition closed at quarter-end for approximately $560 million Company expects 2017 adjusted EBIT of at least $825 million Owens Corning (NYSE: OC) today reported consolidated net sales of $1.60 billion in second-quarter 2017, compared with net sales of $1.55 billion in second-quarter 2016, an increase of 3%. Second-quarter 2017 net earnings attributable to Owens Corning were $96 million , or $0.85 per diluted share, compared with $138 million , or $1.19 per diluted share, during the comparable quarter in 2016. For first-half 2017, net earnings were $197 million . Second-quarter 2017 adjusted earnings were $136 million , or $1.20 ...
06 July, 2017 Owens Corning Announces Pricing of Cash Tender Offers for Any and All of Its 9.000% Senior Notes Due 2019 and Up to $140 Million Aggregate Principal Amount of Its 7.000% Senior Notes Due 2036 PDF format download (opens in new window)
Owens Corning (NYSE: OC) today announced the determination of the pricing for its previously announced cash tender offers (the “Tender Offers”) to purchase (i) any and all of its 9.000% Senior Notes due 2019 (the “2019 Notes”) and (ii) up to $140,000,000 aggregate principal amount of its 7.000% Senior Notes due 2036 (the “2036 Notes,” and together with the 2019 Notes, the “Outstanding Notes”). The terms and conditions of the Tender Offers are described in the Offer to Purchase, dated June 21, 2017 (the “Offer to Purchase”), which sets forth a complete description of the terms and conditions of the Tender Offers and the related Letter of Transmittal (the “Letter of Transmittal”). Owens Corning will pay holders who validly tendered and did not validly withdraw their Outstanding Notes at or prior to 5:00 p.m. , New York City time, on July 5, 2017 (the “Early Tender Time”), the Total Tender Offer Consideration of $1,134.45 for each $1,000 principal amount of its 2019 Notes accepted for ...
06 July, 2017 Owens Corning Announces Early Tender Results of Cash Tender Offers for Any and All of its 9.000% Senior Notes due 2019 and Up to $140 Million Aggregate Principal Amount of its 7.000% Senior Notes due 2036 and Election of Early Settlement
Owens Corning (NYSE:OC) today announced the early tender results for its previously announced cash tender offers (the “Tender Offers”) to purchase (i) any and all of its 9.000% Senior Notes due 2019 (the “2019 Notes”) and (ii) up to $140,000,000 aggregate principal amount of its 7.000% Senior Notes due 2036 (the “2036 Notes,” and together with the 2019 Notes, the “Outstanding Notes”) and its election, with respect to Outstanding Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time (as defined below), to make payment for such Outstanding Notes on July 7, 2017 (the “Early Settlement Date”). The terms and conditions of the Tender Offers are described in the Offer to Purchase, dated June 21, 2017 (the “Offer to Purchase”), which sets forth a complete description of the terms and conditions of the Tender Offers and the related Letter of Transmittal (the “Letter of Transmittal”). The table below identifies the principal amount of each series of Outstanding ...

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