• Owens Corning completed sale of its glass reinforcements business to Praana Group.
• Deal terms remained as set out on April 15, 2026, including enterprise value of $645 million.
• Upfront cash proceeds increased, with Owens Corning expecting about $280 million in cash proceeds.
• Cash proceeds earmarked for organic growth initiatives, cash returns to shareholders.
• Additional cash of about $50 million to $70 million expected over next year from excess alloy sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Owens Corning published the original content used to generate this news brief via Business Wire (Ref. ID: 202605010715BIZWIRE_USPR_____20260430_BW997267) on May 01, 2026, and is solely responsible for the information contained therein.