Installed Building Products Inc. buys back 150,000 shares for $37,644,000.00

Reuters11-25
Installed Building Products Inc. buys back 150,000 shares for $37,644,000.00

Installed Building Products, Inc. has entered into a share repurchase agreement with PJAM IBP Holdings, Inc., under which the company will buy back 150,000 shares of its common stock at a price of $250.96 per share. The transaction was approved by the company's Board of Directors and Audit Committee. The total purchase price will be paid to the selling stockholder by wire transfer. The currency for the transaction is not specified in the document.

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