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 abilit