Mohawk Industries Announces New $500 Million Share Buyback Program
Bitget2026/10/30 21:23- Mohawk Industries announced a new $500 million common stock buyback program today, effective immediately.
- The authorization follows completion of the previous $500 million program, approved in July 2025.
- Under that program, repurchases totaled approximately 7% of outstanding shares at an average price near $119 per share.
- Buybacks included $261 million in the third quarter of 2026 and $34 million since the fourth quarter began.
- The new program has no expiration date or minimum repurchase requirement and may be suspended or discontinued at any time.
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