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Builders FirstSource Announces $500 Million Share Repurchase Authorization

1. Builders FirstSource authorized a $500 million share buyback program. 2. The company has repurchased 48.1% of its total shares since 2021.

Shares Buyback
-4.9%Current Return
VS
+2.25%S&P 500
$119.6305/01 07:16 AM EDTEvent Start
$113.76505/02 01:51 PM EDTLatest Updated
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FAQ

Why Very Bullish?

Share buybacks usually signal confidence in the company, as it reduces share supply and often boosts stock price. Historical examples include companies like Apple and Microsoft, whose buybacks correlated with stock price increases.

How important is it?

The announcement directly affects stock supply and signals management's confidence, which is typically perceived positively by investors and can lead to a rise in stock prices.

Why Short Term?

The immediate effect of share buybacks can be seen in increasing demand and pricing, with past instances showing rapid gains in stock price post-announcement.

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IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) announced its Board of Directors authorized the repurchase of up to $500 million of the Company's outstanding shares of common stock, which includes the approximately $100 million remaining under its prior August 2024 authorization. Since the inception of its buyback program in August 2021 through April 30, 2025, the Company has repurchased 99.3 million shares of its common stock, or 48.1% of its total shares outstanding, a.

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