Beacon announces $125 million accelerated share repurchase program

Herndon, va.--(business wire)--beacon (nasdaq: becn) (the “company”) announced today that it has entered an accelerated share repurchase agreement (“asr”) with citibank n.a to repurchase $125 million of beacon's common stock. the asr accelerates beacon's progress under its $500 million share repurchase program announced february 24, 2022. “accelerating our share repurchase program affirms our commitment to delivering value to stockholders through disciplined capital allocation,” said julian fra
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