Builders FirstSource Adds $1B To Stock Buyback Plan

by Akanksha Bakshi, Benzinga Editor
November 18, 2021 1:49 PM | 1 min read | Make a Comment
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  • Builders FirstSource, Inc. BLDR Board has authorized the company to repurchase an additional $1 billion of its common shares.
  • The new plan increases the total repurchase capacity to ~$1.147 billion, including the remaining previous authorization of $147 million.
  • The company held $224.7 million in cash and equivalents as of September 30, 2021. Cash provided by operating activities for the nine months totaled $903.2 million.
  • Price Action: BLDR shares are trading higher by 2.89% at $71.25 on the last check Thursday.
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