Masonite International Corporation Announces Execution of $100 Million Accelerated Share Repurchase Agreement

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Mar 01, 2022

Masonite International Corporation (NYSE: DOOR) (the “Company”) announced today that it has entered into an accelerated share repurchase agreement (the "ASR Agreement") with Morgan Stanley & Co. LLC. to repurchase an aggregate of $100 million of the Company’s outstanding common shares. The ASR Agreement is part of Masonite’s existing share repurchase program, which after giving effect to the share repurchase under the ASR Agreement, has approximately $256 million remaining available for future share repurchase activity.