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Masco Corporation - MAS STOCK NEWS

Welcome to our dedicated page for Masco Corporation news (Ticker: MAS), a resource for investors and traders seeking the latest updates and insights on Masco Corporation stock.

Masco Corporation (NYSE: MAS) is a global leader in the home improvement and new home construction markets, renowned for its extensive portfolio of high-quality, innovative, and cost-effective products. Masco's diverse product range includes plumbing fixtures, decorative architectural products, and installation services, catering to both residential and commercial sectors.

The company's $5-billion plumbing segment is anchored by iconic brands such as Delta and Hansgrohe, offering top-of-the-line faucets, showerheads, and other related plumbing accessories. Meanwhile, the $3-billion decorative architectural segment is spearheaded by Behr and Kilz, brands known for their exceptional paints and coatings. Additionally, Masco provides builder hardware and lighting solutions to meet various consumer needs.

Among Masco's distinguished brands are Delta, Behr, KraftMaid, Merillat, Hansgrohe, Milgard, and Liberty, each contributing to the company's reputation for quality and performance. Masco's commitment to innovation is evident in its recent initiatives, such as Behr Paint Company's launch of the 2024 Exterior Stain Color of the Year, Tugboat. This unique blend of brown and gray tones is part of Behr's Curb Appeal Collection, aimed at simplifying the color selection process for exterior projects while enhancing outdoor aesthetics.

Masco's financial stability and strategic growth are bolstered by strong partnerships and a relentless focus on sustainability. The company strives to deliver environmentally friendly solutions that enrich the lives of consumers worldwide. By continually strengthening its leadership brands, Masco ensures it remains at the forefront of the home improvement industry.

Whether you're a DIY enthusiast or a professional contractor, Masco's products are designed to meet your project needs with unparalleled quality and innovation. For the latest updates and detailed information about Masco Corporation, visit their official website or follow their news releases.

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Masco (NYSE: MAS) has announced its second-quarter earnings release and conference call scheduled for July 25, 2024. The results will be shared at 7:00 a.m. ET, followed by a conference call at 8:00 a.m. ET, hosted by CEO Keith Allman. Participants can join the call by dialing specified numbers and using the provided conference ID. The webcast will be available on the company's website, with a replay accessible until August 25, 2024. Masco, headquartered in Livonia, Michigan, is a global leader in home improvement and building products, with brands such as Behr®, Delta®, and Kichler®.

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Masco (NYSE: MAS) has received an unsolicited mini-tender offer from TRC Capital Investment to purchase up to 2 million shares of Masco common stock at $64.00 per share. This price is 4.68% lower than the $67.14 closing price of Masco's stock on June 10, 2024. The offer represents approximately 0.92% of Masco's outstanding shares. Masco recommends shareholders reject the offer because it is below market value and subject to many conditions. The SEC has warned that such mini-tender offers often provide less protection to investors. The offer is set to expire at 11:59 p.m. on July 11, 2024, but may be extended at TRC Capital’s discretion.

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Behr Paint Company has launched its inaugural Commercial Color Forecast, unveiling a visionary palette of 50 colors for future commercial spaces.

The 2025 Commercial Color Forecast, titled 'No Clear Boundaries,' includes five themes ranging from neutral to bold tones. The themes are Limitless Whites, Bleisure, Renew-trals, Grand-Luxe, and AI-sthetic, each offering unique possibilities for various design projects.

This forecast, developed with insights from top architectural firms, will debut at NeoCon in Chicago on June 10-12, 2024.

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Masco (NYSE: MAS) declared a quarterly dividend of $0.29 per common share, payable on June 10, 2024. Masco is a global leader in home improvement and building products, with brands like Behr®, Delta®, and Kichler®. The company focuses on creating value for customers and shareholders.

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Masco announced that Rick Westenberg, VP, CFO, and Treasurer, will participate in a fireside chat at the J.P. Morgan conference. The webcast will be live on May 15, 8:15 a.m. ET and available for replay until June 14, 2024. Masco is a global leader in home improvement products with brands like Behr, Delta, and Kichler.

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Masco , a leading manufacturer of home improvement and building products, reported its first quarter 2024 results. Net sales decreased by 3% to $1.926 billion, while operating profit increased by 1% to $318 million. Adjusted operating profit grew by 3% to $322 million. Earnings per share was $0.97, with adjusted earnings per share increasing by 8% to $0.93. The company repurchased 2.1 million shares worth $148 million and expects 2024 earnings per share between $4.00 and $4.25. Gross margin increased, operating profit margin improved, and net income rose compared to the previous year. Liquidity stood at $1.319 billion at the end of the quarter.
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Behr Paint Company introduces Tugboat as the 2024 Exterior Stain Color of the Year, part of the new Curb Appeal Collection, aiming to simplify color selection for consumers and provide a timeless finish for outdoor projects.
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Masco (NYSE: MAS) will host a conference call on April 24, 2024, to discuss its 2024 first quarter results. The call will be led by Masco's President and CEO, Keith Allman. Participants can join the call by dialing in or registering for the webcast. The company's diverse portfolio includes well-known brands like Behr, Delta, and Kichler.
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Masco pledges $250,000 to the American Red Cross Disaster Responder Program, aiding in disaster relief efforts across the U.S. The donation helps enhance Red Cross readiness and response capacity in the face of increasing disasters like wildfires, tornados, and hurricanes.
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Masco Corporation (NYSE: MAS) CFO to present at Raymond James Conference. Masco is a global leader in home improvement products with a diverse brand portfolio. The webcast will be available until June 3, 2024.
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FAQ

What is the current stock price of Masco Corporation (MAS)?

The current stock price of Masco Corporation (MAS) is $77.01 as of November 20, 2024.

What is the market cap of Masco Corporation (MAS)?

The market cap of Masco Corporation (MAS) is approximately 16.5B.

What does Masco Corporation do?

Masco Corporation manufactures brand name products for home improvement and new home construction, including plumbing fixtures, decorative architectural products, and installation services.

What are some of Masco's major brands?

Some of Masco's major brands include Delta, Behr, KraftMaid, Merillat, Hansgrohe, Milgard, and Liberty.

What is the focus of Masco's plumbing segment?

Masco's plumbing segment, led by Delta and Hansgrohe, focuses on faucets, showerheads, and other related plumbing fixtures and components.

What products are included in Masco's decorative architectural segment?

Masco's decorative architectural segment sells paints and other coatings under the Behr and Kilz brands, along with builder hardware and lighting products.

How is Masco committed to sustainability?

Masco is dedicated to delivering environmentally friendly solutions that enhance the lives of consumers worldwide, focusing on innovation and cost-effectiveness.

What is Behr's 2024 Exterior Stain Color of the Year?

Behr's 2024 Exterior Stain Color of the Year is Tugboat, a blend of brown and gray tones designed to enhance the natural beauty of wood grain.

Where can Behr's 2024 Exterior Stain Color of the Year be purchased?

Behr's 2024 Exterior Stain Color of the Year, Tugboat, is available exclusively at The Home Depot.

What is Masco's approach to innovation?

Masco focuses on strengthening its leadership brands by delivering innovative, cost-effective, and environmentally-friendly solutions for its customers.

Who can benefit from Masco's products?

Both DIY enthusiasts and professional contractors can benefit from Masco's high-quality, innovative products designed for home improvement and new construction.

Where can I find the latest news about Masco Corporation?

For the latest updates and news about Masco Corporation, visit their official website or follow their news releases.

Masco Corporation

NYSE:MAS

MAS Rankings

MAS Stock Data

16.54B
215.02M
0.32%
96.67%
1.5%
Building Products & Equipment
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
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United States of America
LIVONIA