Mohawk introduces strategic framework and $500 million buyback
The company outlines four strategic pillars for long-term value creation and approves a new share repurchase program effective immediately.
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The company outlines four strategic pillars for long-term value creation and approves a new share repurchase program effective immediately.
The company achieved adjusted EPS of $2.72 and generated $390 million in free cash flow while returning capital to shareholders through buybacks.
Profit doubles with net profit reaching NOK 235 million. The company recommends a dividend of NOK 6 per share.
The company expanded its footprint with strategic acquisitions in Tennessee and southern Ohio while targeting earnings growth for 2027.
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