M&A
confidence high
sentiment positive
materiality 0.90
TopBuild stockholders approve QXO acquisition with 78% of votes cast; close expected July 1
TopBuild Corp
- At TopBuild special meeting, 78% of votes cast (65% of outstanding shares) approved merger adoption.
- QXO stockholders also approved (99% of votes cast) share issuance for the deal.
- Transaction expected to close on or about July 1, 2026, subject to customary conditions.
- Record date had 28,024,568 shares outstanding; ~84% represented at meeting.