PPG Reports $1.4B Returned to Shareholders and Strategic Growth Moves in 2024

EPS by 6%, improving aggregate segment margins and generating $1.4 billion in operating cash flow, which we returned to shareholders. During the quarter, we repurchased approximately $250 million of stock, and about $750 million for the full year, which represented approximately 3% of our outstanding shares. Combined with our dividend, we have returned $1.4 billion to our shareholders throughout the year,” said our Chairman and Chief Executive Officer Tim Knavish. “In 2024, we took significant steps to optimize our business portfolio through the divestitures of both our silica products and our architectural coatings U.S. and Canada businesses. These divestitures strengthen our financial profile, including an improvement in our adjusted EBITDA margin to 18.1%, and results in a more focused organization, which positions the company to deliver sustainable organic growth.” 

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