5 unchanged sentences
On February 13, 2026, we declared a quarterly dividend of $0.30 per share, payable on March 13, 2026, to stockholders of record as of the close of business on February 27, 2026.
−Removed: We will continue to review our ability to pay cash dividends on an ongoing basis, and the payment of dividends in the future is subject to the discretion of LP’s Board of Directors depending upon, among other factors, our financial condition, general market and business conditions, and legal and contractual restrictions on the payment of dividends, including compliance with the terms of our Credit Agreement.
+Added: We will continue to review our ability to pay cash dividends on an ongoing basis, and the payment of dividends in the future is subject to the discretion of LP’s Board of Directors and is dependent upon, among other factors, our financial condition, general market and business conditions, and legal and contractual restrictions on the payment of dividends, including compliance with the terms of our Amended Credit Agreement.
ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: During May 2022 and May 2024, LP's Board of Directors authorized share repurchase programs under which LP was authorized to repurchase up to $ 600 million (the 2022 Share Repurchase Program) and $ 250 million (the 2024 Share Repurchase Program), respectively, of its outstanding common stock.
+Added: In May 2024, our Board of Directors authorized a share repurchase program under which LP was authorized to repurchase up to $ 250 million of its outstanding common stock (the 2024 Share Repurchase Program).
+Added: We did not make any repurchases of LP common stock pursuant to the 2024 Share Repurchase program or otherwise during the quarter ended December 31, 2025.
As of December 31, 2025, LP had $177 million of repurchase authorization remaining under the 2024 Share Repurchase Program.
−Removed: LP may initiate, discontinue, or resume purchases of its common stock under the 2024 Share Repurchase Program in the open market, in block, or in privately negotiated transactions, including under Rule 10b5-1 plans, at times and in such amounts as management deems appropriate without prior notice, subject to market and business conditions, regulatory requirements, and other factors.
−Removed: The following amount of our common stock was repurchased under this authorization during the quarter ended December 31, 2024:
−Removed: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Purchase Plans or Programs 1
−Removed: Approximate Dollar Value of Shares Available for Repurchase Under the Plans or Programs
−Removed: (in millions)
−Removed: October 1, 2024 - October 31, 2024
−Removed: — $ — — $ 262
−Removed: November 1, 2024 - November 30, 2024
−Removed: — $ — — $ 262
−Removed: December 1, 2024 - December 31, 2024
−Removed: 219,662 $ 108.63 219,662 $ 238
−Removed: Total for Fourth Quarter 2024
−Removed: 219,662 219,662
−Removed: 1 On May 3, 2022, LP’s Board of Directors authorized the 2022 Share Repurchase Program under which LP may repurchase shares of its common stock totaling up to $600 million.
−Removed: On May 7 , 2024, LP’s Board of Directors authorized the 2024 Share Repurchase Program under whi ch LP may repurchase shares of its common stock totaling up to $250 million.
+Added: LP may initiate, discontinue, or resume purchases of its common stock under the 2024 Share Repurchase Program in the open market, in block transactions, or in privately negotiated transactions, including under Rule 10b5-1 plans, at times and in such amounts as management deems appropriate without prior notice, subject to market and business conditions, regulatory requirements, and other factors.
PERFORMANCE GRAPH
−Removed: The following graph compares the cumulative total return to investors, including dividends paid (assuming reinvestment of dividends) and appreciation or depreciation in stock price, from an investment in LP common stock for the period from December 31, 2019 through December 31, 2024, to the total cumulative return to investors from the Standard & Poor’s 500 Stock Index and Standard & Poor’s Building Products Index for the same period.
+Added: The following graph compares the cumulative total stockholder return, including dividends paid (assuming reinvestment of dividends) and appreciation or depreciation in stock price, from a $100 investment in LP common stock for the period from December 31, 2020 through December 31, 2025, to the cumulative total stockholder return from a $100 investment in the Standard & Poor’s 500 Stock Index and Standard & Poor’s Building Products Index for the same period.
Stockholders are cautioned that the graph shows the returns to investors as of the dates noted and may not be representative of the returns for any other past or future periods.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.