Beacon announces additional $225 million accelerated share repurchase program

Herndon, va.--(business wire)---- $becn #ambition2025--beacon (nasdaq: becn) announced today that it has entered into an accelerated share repurchase agreement (“asr”) with citibank n.a to repurchase $225 million of beacon's common stock. “creating shareholder value is central to today's announcement to continue share repurchases under our previously announced and authorized program,” said julian francis, president & ceo of beacon. “we continue to pursue our balanced capital allocation plan investing in growth and.
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