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Mohawk Industries Announces New $500 Million Share Buyback Program

By Public Technologies
  • 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.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mohawk Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610301723OMX_____CNEWS_FR_GNW9857378_fr) on October 30, 2026, and is solely responsible for the information contained therein.

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