NYSE:GFFBuilding
The Bull Case For Griffon (GFF) Could Change Following New 2034 Notes, Buybacks And Dividend Plan
In August 2026, Griffon Corporation priced an unregistered US$800 million offering of senior unsecured notes due 2034 at a 6.25% coupon to help redeem its outstanding 5.75% senior notes due 2028, alongside maintaining 2026 revenue guidance of US$1.8 billion and declaring a US$0.22 quarterly dividend.
The combination of refinancing its debt stack, ongoing share repurchases totaling US$707.63 million since 2016, and sharply improved quarterly earnings highlights management’s focus on...