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MasterBrand Announces Additional $50 Million Share Repurchase Authorization

1. MasterBrand authorized a $50 million share buyback program until 2028. 2. Previous buyback program had $21 million remaining; positive for shareholder value.

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FAQ

Why Bullish?

Share buybacks typically enhance shareholder value and signal confidence in the company's future. The historical effectiveness of similar programs in stabilizing or increasing stock prices supports this expectation.

How important is it?

The announcement of a substantial buyback indicates strategic financial management and aims to support stock prices over the long term. Such actions can enhance investor confidence, driving demand for MBC shares.

Why Long Term?

The buyback will extend until 2028, suggesting a sustained commitment to returning value to shareholders. Historically, such long-term plans can lead to gradual price appreciation as fewer shares are available on the market.

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BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of the Company's outstanding common stock until March 13, 2028. This is in addition to the existing share repurchase authorization approved in April 2023, under which approximately $21 million remained available for repurc.

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