secwatch.observer — SEC 8-K summary
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Issuer:     Builders FirstSource, Inc. (BLDR)
CIK:        0001316835
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0000950170-22-025705
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1316835/000095017022025705/0000950170-22-025705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1316835/000095017022025705/bldr-20221128.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025705

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer