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• Owens Corning Inc (NYSE: OC) Board of Administrators has accepted a quarterly dividend improve and new share repurchase authorization.

• The Board has declared a quarterly money dividend of $0.52 per share, an roughly 50% improve in contrast with the prior quarterly dividend.

• The dividend can be payable on January 19, 2023, to shareholders of report as of January 4, 2023.

• As well as, the Board of Administrators has additionally accepted a share repurchase authorization for as much as 10 million shares.

• The approval is along with the beforehand introduced share buyback program wherein roughly 7.4 million shares remained out there for buy as of September 30, 2022.

• Throughout the first 9 months of 2022, the corporate returned $639 million to shareholders by share repurchases and dividends.

• Owens Corning held $758 million in money and equivalents as of September 30, 2022.

• Value Motion: OC shares closed increased by 1.41% at $90.09 on Thursday.

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