Bluelinx announces increase in share repurchase authorization to $100 million and entry into $60 million accelerated share repurchase agreement

Marietta, ga., may 03, 2022 (globe newswire) -- bluelinx holdings inc. (nyse: bxc) (“the company”), a leading u.s. wholesale distributor of building products, announced today that its board of directors increased the company's share repurchase authorization to $100 million, up $75 million from the previous authorization, and that it entered into an accelerated share repurchase agreement (“asr”) with jefferies llc (“jefferies”) to repurchase $60 million of the company's common stock under the $100 million share repurchase authorization.
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