Builders FirstSource increases share repurchase authorization by $1B to ~$1.5B total

Builders FirstSource, Inc.

Board approved $1B increase to stock repurchase plan, total authorization now ~$1.5B.
Company repurchased 61M shares (~29.5% of outstanding) at avg $62.23/share through Nov 8, 2022.
Additional 1.1M shares repurchased post-Q3 at avg $63.05/share for $68M.
Program reflects confidence in long-term strategy and strong free cash flow generation.
Repurchases may be via open market, block trades, or ASR; no obligation to acquire specific amount.

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