MasterBrand completes all-stock merger with American Woodmark; AMWD delisted from Nasdaq
American Woodmark AMWD | 0.00 | |
MasterBrand Inc MBC | 0.00 |
- MasterBrand completed its all-stock merger with American Woodmark on May 28, 2026, creating a combined cabinetry business operating as MasterBrand.
- American Woodmark shareholders received 5.15 MasterBrand shares per American Woodmark share; American Woodmark became a wholly owned MasterBrand subsidiary.
- Pre-closing MasterBrand shareholders hold about 63% of the combined shares; MasterBrand continues trading on the NYSE under MBC.
- Management and board updates include Dave Banyard staying CEO; three former American Woodmark directors joined MasterBrand’s board.
- Integration targets about $90 million of annual run-rate cost synergies by year three; deal expected to lift adjusted diluted EPS in year two.
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. AWC - American Woodmark Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-243155), on May 28, 2026, and is solely responsible for the information contained therein.
