Armstrong World Industries (AWI) announced after the close Monday that its Board of Directors is considering the payment to shareholders of a special cash dividend of approximately $500 million in the aggregate.
Armstrong World Industries gapped open higher Tuesday and climbed until around 1:15PM. Shares finished up by 4.04 at $57.13, with volume at a 7-month high. The stock broke out to its second consecutive new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.