Armstrong World Increases Buyback by $800M; Declares Dividend

Armstrong World Industries, Inc. announced that its Board of Directors approved an additional $800 million authorization for its share repurchase program, increasing the total authorized amount to $2.5 billion and extending it through December 31, 2029. The company also declared a quarterly cash dividend of $0.339 per share, payable on August 19, 2026, to shareholders of record as of August 5, 2026. Management highlighted the company's strong business model and ability to generate Adjusted Free Cash Flow, supporting long-term shareholder value creation.