Builders FirstSource (BLDR) said Thursday its board has approved the repurchase of up to $500 million of the company's shares, including about $100 million remaining under the previous August 2024 authorization.
The company said that since the start of the buyback plan in August 2021 through April 30 this year, it has repurchased 99.3 million shares, or 48.1% of its shares outstanding, at an average price of $80.90 per share for $8 billion.
Price: 115.88, Change: -3.75, Percent Change: -3.13
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