Masco Corporation's stock surged 9.58% during intraday trading on Tuesday, following the release of its fourth-quarter financial results and a series of shareholder-friendly announcements.

The home improvement firm reported adjusted earnings of $0.82 per share for the quarter, exceeding analyst estimates. While net sales of $1.79 billion came in slightly below expectations, investor sentiment was buoyed by the company's board authorizing a new $2 billion share repurchase program and declaring a quarterly dividend of $0.32 per share. The company also provided 2026 adjusted earnings guidance of $4.10 to $4.30 per share, which aligns closely with market expectations.

The profit beat was attributed to strategic price hikes on certain products, which helped offset higher tariff-related costs and challenges in a weak housing market. The company has begun implementing restructuring actions to streamline operations, reduce headcount, and optimize its business, expecting these measures to contribute to future margin expansion despite incurring related charges.