• Mohawk Industries’ board endorsed a strategic and capital allocation framework to guide investment priorities and long-term shareholder returns.
• A new USD 500 million common stock repurchase authorization takes effect immediately, replacing the completed program approved in July 2025.
• The framework prioritizes high-return organic investments, with base capital spending expected at approximately USD 375 million annually for at least several years.
• Long-term net debt is targeted at no more than 2.0 times adjusted EBITDA, subject to cyclical risk assessments and preserving investment-grade ratings.

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. Mohawk Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610301723OMX_____CNEWS_IT_GNW9857378_it) on October 30, 2026, and is solely responsible for the information contained therein.