Builders FirstSource Plans New $1B Stock Buyback

February 18, 2022 1:09 PM | 29 seconds read |

Builders FirstSource, Inc. BLDR Board authorized a repurchase of $1 billion of its common shares.
Under the completed share repurchase programs authorized in August and November of 2021, a total of 30.6 million shares were repurchased at an aggregate cost of $2 billion or an average price of $65.43 per share.
The company had ~176.8 million shares outstanding as of February 17, 2022.
Price Action: BLDR shares are trading higher by 3.03% at $71.14 on the last check Friday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.