Masco (MAS) Exceeds Estimates and Ignites the Stock Turbo with $2 Billion Buyback Program!
Reading Time: 3 minutes
Earnings forecast for 2026 is above market expectations at up to $4.30 per share. New share buyback program worth $2.0 billion and dividend increase to $0.32. Strong plumbing business successfully compensates for weaknesses in the DIY paint sector. Despite a challenging market environment, shares of the manufacturer of branded products for the DIY and construction sector jumped by over 8% on February 10 and hit a new 52-week high. The trigger for the decisive turning point in the chart was the release of results for...
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