“Over the past few years, we have made several strategic choices and operational investments to sharpen our focus, increase our capabilities, and consistently deliver higher, more resilient earnings.”

Brian Chambers – Board Chair & Chief Executive Officer
April 24, 2024 – Q1 2024 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 69 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

Price179.31 Change+2.15 Volume: 457,478 % Change+1.21% June 18, 2024 Pricing delayed 20 minutes

Press Releases

20 May, 2024 Owens Corning Announces Early Settlement Date for Exchange Offer and Consent Solicitation PDF format download (opens in new window)
Owens Corning (NYSE: OC) 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 and Masonite are making the Exchange Offer and Consent Solicitation pursuant to the terms of and subject to the conditions set forth in the offering memorandum and consent solicitation statement dated May 1, 2024 (as amended, the “Statement”). On the Early Participation Deadline (as defined below), Masonite and Computershare Trust Company, N.A. entered into the supplemental indenture that gave effect to the Proposed Amendments (as defined in the Statement) to the 3.50% Senior Notes due 2030 issued by Masonite (the “Existing Masonite Notes”). On the Early Settlement Date, Owens Corning will accept for exchange all of the Existing ...
15 May, 2024 Owens Corning Completes Acquisition of Masonite, Strengthening Leadership in Building and Construction Materials PDF format download (opens in new window)
Expands Owens Corning’s leadership position in branded residential products with a complementary line of innovative interior and exterior doors and door systems Creates a scalable new growth platform leveraging combined commercial, operational, and innovation capabilities Enhances Owens Corning’s attractive financial profile Generates strong free cash flow to support consistent capital allocation strategy Names Chris Ball President of Doors business Owens Corning (NYSE: OC) 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. “The addition of Masonite to Owens Corning marks a significant milestone for our company, as we further strengthen our position as a market leader in building and construction ...
14 May, 2024 Owens Corning and Masonite Announce Successful Results of Early Participation in and Amend the Terms of Exchange Offer and Consent Solicitation PDF format download (opens in new window)
Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, 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, the requisite consents to adopt the proposed amendments described in the Statement (as defined below) (the “Proposed Amendments”) to the indenture (the “Masonite Indenture”) governing Masonite’s 3.50% Senior Notes due 2030 (the “Existing Masonite Notes”) have been received as of 5:00 p.m., New York City time, on May 14, 2024 (the “Withdrawal Deadline”). As a result, Masonite, the guarantors party thereto and the trustee under the Masonite Indenture (the “Masonite Trustee”) will promptly execute a supplemental indenture to the Masonite Indenture containing the Proposed Amendments. ...

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