TopBuild Announces Authorization Of $1B New Share Repurchase, In Addition To $154M Remaining From Previous Authorization

Benzinga05-07

New Share Repurchase Authorization TopBuild also announced today that its Board of Directors authorized the repurchase of up to $1.0 billion of the Company's outstanding common stock. The new authorization is in addition to the $154.0 million remaining from the prior authorization, bringing the total availability for share repurchases to $1.15 billion.

"Our new repurchase authorization demonstrates management and our Board of Directors' continued confidence in and support of our long-term strategy and the importance of returning capital to shareholders," Buck said

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