RPM International Inc's stock surged 8.85% in pre-market trading on Wednesday, following the release of its fiscal fourth-quarter results and a series of positive announcements from the company.

The specialty coatings maker reported adjusted earnings per share of $1.89 for the quarter, beating the analyst consensus estimate of $1.85. Quarterly sales reached $2.232 billion, also surpassing expectations of $2.180 billion and representing a 7.3% increase from the same period last year. Additionally, the company's board authorized a $700 million increase to its share repurchase program, a move typically viewed favorably by investors as it can enhance shareholder value.

Driving the positive sentiment further, RPM provided an optimistic outlook for fiscal 2027, forecasting sales growth of 3% to 7% and adjusted EBITDA growth of 5% to 10%. The company stated it expects the positive momentum generated in the second half of fiscal 2026 to continue into the new fiscal year.