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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Armstrong World Industries Inc | NYSE:AWI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.41 | -0.36% | 113.87 | 115.60 | 113.30 | 114.93 | 410,195 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻
Section 8 – Other Events
Item 8.01. Other Events
On October 18, 2023 Armstrong World Industries, Inc. (the "Company") issued a press release announcing that its Board of Directors has declared a quarterly cash dividend of $0.28 per share of outstanding common stock payable on November 16, 2023 to stockholders of record as of the close of business on November 2, 2023. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
No. 99.1
No. 104 |
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Press Release of Armstrong World Industries, Inc. dated October 18, 2023
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ARMSTRONG WORLD INDUSTRIES, INC. |
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By: |
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/s/ Austin K. So |
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Austin K. So |
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Senior Vice President, General Counsel, Secretary and Chief Compliance Officer |
Date: October 18, 2023
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Exhibit 99.1
Armstrong World Industries Announces Increase to Quarterly Dividend
LANCASTER, Pa., Oct. 18, 2023 – Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, announced today that its Board of Directors has approved a 10% increase in the company’s quarterly cash dividend to $0.28 per share of common stock. The dividend will be paid on Nov. 16, 2023, to stockholders of record as of the close of business on Nov. 2, 2023.
“Today’s announcement marks our fifth consecutive, annual dividend increase since the inception of our dividend program in 2018 and demonstrates the Board of Directors’ continued confidence in our growth strategy and cash flow generation,” said AWI CFO and Senior Vice President Chris Calzaretta. “Our healthy balance sheet coupled with our proven ability to consistently grow adjusted free cash flow supports returning cash to shareholders as a component of our balanced approach to capital allocation.”
The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company's financial position, results of operations and cash flow.
About Armstrong
Armstrong World Industries, Inc. (AWI) is a leader in the design and manufacture of innovative ceiling and wall solutions in the Americas. With $1.2 billion in revenue in 2022, AWI has approximately 3,000 employees and a manufacturing network of 16 facilities, plus seven facilities dedicated to its WAVE joint venture. For more information, visit www.armstrongceilings.com.
Contact
Theresa Womble, tlwomble@armstrongceilings.com or (717) 396-6354
Document And Entity Information |
Oct. 18, 2023 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Oct. 18, 2023 |
Entity Registrant Name | ARMSTRONG WORLD INDUSTRIES, INC. |
Entity Central Index Key | 0000007431 |
Entity Emerging Growth Company | false |
Securities Act File Number | 1-2116 |
Entity Tax Identification Number | 23-0366390 |
Entity Address, Address Line One | 2500 Columbia Avenue P.O. Box 3001 |
Entity Address, City or Town | Lancaster |
Entity Address, State or Province | PA |
Entity Address, Postal Zip Code | 17603 |
City Area Code | 717 |
Local Phone Number | 397-0611 |
Entity Incorporation, State or Country Code | PA |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $0.01 par value per share |
Trading Symbol | AWI |
Security Exchange Name | NYSE |
1 Year Armstrong World Industries Chart |
1 Month Armstrong World Industries Chart |
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