Masonite International Corporation (NYSE:DOOR) Files An 8-K Results of Operations and Financial Condition

0

Masonite International Corporation (NYSE:DOOR) Files An 8-K Results of Operations and Financial Condition

Item 2.02

Results of Operations and Financial Condition.
On February 22, 2017, Masonite International Corporation (the
“Company”) issued a press release announcing its financial
results for the three months and year ended>January 1, 2017. A
copy of the press release is being furnished as Exhibit 99.1 and
is hereby incorporated herein by reference.
The information furnished to this Item 2.02, including Exhibit
99.1, shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934 (the Exchange Act) or otherwise
subject to liabilities under that section and shall not be deemed
to be incorporated by reference into any filing of the Company
under the Securities Act of 1933 or the Exchange Act, whether
made before or after the date hereof, regardless of any general
incorporation language in such filing.
Item 5.02
Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On February 22, 2017, Lawrence P. Repar, Executive Vice President
and Chief Customer Experience Officer of the Company, notified
the Company of his intent to retire from the Company on or about
August 1, 2017, after 22 years of service with the Company. The
Company expects to enter into a consulting arrangement with Mr.
Repar, to be effective following his retirement, with terms to be
agreed upon.
On February 22, 2017, the Company issued a press release
announcing such notification by Mr. Repar, a copy of which is
filed as Exhibit 99.2 to this Current Report on Form 8-K.
Item 8.01
Other Events
On February 22, 2017, the Company’s Board of Directors approved
an additional share repurchase program to which the Company may
repurchase from time to time up to $200 million of its
outstanding common shares. On February 22, 2017, the Company
issued a press release announcing the additional share repurchase
program, a copy of which is filed as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
Exhibit No.
Description
Exhibit 99.1
Press release issued by Masonite International
Corporation on February 22, 2017.
Exhibit 99.2
Press release issued by Masonite International
Corporation on February 22, 2017.


About Masonite International Corporation (NYSE:DOOR)

Masonite International Corporation is a designer and manufacturer of interior and exterior doors for residential construction, residential repair, renovation and remodeling, and the non-residential building construction markets. The Company’s product lines include residential doors, architectural doors and components. Its residential doors are molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel or fiberglass. Its architectural doors are products designed, constructed and tested. It offers a line of architectural interior doors ranging from molded panel doors to designed flush wood doors with inlay designs. It also sells various door components to the building materials industry. It operates under its geographical segments, such as North America; Europe, Asia and Latin America, and Africa. Its portfolio of brands includes Masonite, Marshfield, Mohawk, Algoma, Birchwood Best, Door-Stop, Harring Doors, Performance Doorset Solutions and National Hickman.

Masonite International Corporation (NYSE:DOOR) Recent Trading Information

Masonite International Corporation (NYSE:DOOR) closed its last trading session down -0.05 at 68.50 with 106,231 shares trading hands.