Installed Building Products Announces $500M Buyback Plan
Benzinga Newsdesk 8 months ago
News
Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the fourth quarter ended December 31,
Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the fourth quarter ended December 31, 2025.
During the three months ended December 31, 2025, IBP repurchased 150 thousand shares of its common stock at a total cost of $37.6 million and 850 thousand shares at a total cost of $172.6 million during the twelve months ended December 31, 2025. IBP's Board of Directors authorized a new stock repurchase program that allows for the repurchase of up to $500 million of the Company's outstanding common stock. The new program replaces the previous program and is in effect through March 1, 2027.