Beacon Enters $125M ASR With Citibank
Beacon Roofing Supply, Inc. (NASDAQ:BECN) entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of its common stock. This ASR accelerates Beacon's progress under its $500 million share repurchase program announced February 24, 2022. Under the ASR, Beacon will initially receive a prorated quantity of the company's common stock…
Benzinga ·