Builders FirstSource Increases Stock Repurchase Plan to $1 Billion

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) announced that on February 21, 2024, its Board of Directors authorized the repurchase of up to $1.0 billion of the Company’s outstanding shares of common stock, inclusive of the approximately $200 million remaining outstanding in the prior share repurchase plan authorized in April 2023. “ The Board’s increased share repurchase authorization reflects our strong conviction in the Company’s strategy, operating model, and ability to genera ...