Masco corp announces $400 mln accelerated share repurchase

Masco corporation announces $400 million accelerated share repurchase.masco corp - has entered into an accelerated share repurchase agreement with royal bank of canada to repurchase $400 million of masco's common stock.masco corp - under asr agreement, masco will receive initial delivery of 7.3 million shares on nov 26, 2019.masco corp - this agreement is part of masco's existing share repurchase authorization of $2 billion which was announced on sept 17, 2019.
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