Mohawk Industries Approves A New Authorization To Acquire $500M Of The Company's Outstanding Common Stock

Mohawk Industries, Inc. -1.41%

Mohawk Industries, Inc.

MHK

109.92

-1.41%

During the second quarter, we generated approximately $125 million of free cash flow, and we purchased approximately 393,000 shares of our stock for approximately $42 million. Our Board of Directors recently approved a new authorization to acquire $500 million of the Company's outstanding common stock. We are confident in our strategies to deliver long-term profitable growth as the industry recovers from this cyclical downturn.

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