other material
confidence high
sentiment positive
materiality 0.70
Builders FirstSource authorizes new $1B share repurchase program, following completion of $2B prior plan
Builders FirstSource, Inc.
- Board authorized repurchase of up to $1B of common stock; shares outstanding ~176.8M as of Feb 17, 2022.
- Prior $2B programs (Aug & Nov 2021) completed: 30.6M shares repurchased at avg $65.43/share.
- Repurchases may be made via open market, block trades, ASR, or 10b5-1 plans; no set timetable.