[8-K] INSTALLED BUILDING PRODUCTS, INC. Reports Material Event
Installed Building Products, Inc. reported that on August 19, 2025 it entered a privately negotiated share repurchase agreement to buy 200,000 shares of its common stock from PJAM IBP Holdings, Inc., an Edwards family entity whose shares are beneficially owned by Chief Executive Officer Jeff Edwards. The company stated the per-share price was $257.38 (reflecting a 3% discount to the last reported sale) for a total purchase price of $51,476,000, to be funded from the company鈥檚 cash on hand. The repurchase was approved by the Board of Directors and the Audit Committee and the full agreement is filed as Exhibit 10.1.
Installed Building Products, Inc. ha comunicato che il 19 agosto 2025 ha sottoscritto un accordo privato per il riacquisto di 200.000 azioni ordinarie da PJAM IBP Holdings, Inc., una entit脿 della famiglia Edwards le cui azioni sono possedute in via beneficiaria dall'Amministratore Delegato Jeff Edwards. Il prezzo per azione 猫 stato di $257,38 (corrispondente a uno sconto del 3% rispetto all'ultima vendita riportata), per un prezzo totale di acquisto di $51.476.000, finanziato con la liquidit脿 disponibile della societ脿. Il riacquisto 猫 stato approvato dal Consiglio di Amministrazione e dal Comitato di Revisione e l'accordo integrale 猫 depositato come Exhibit 10.1.
Installed Building Products, Inc. inform贸 que el 19 de agosto de 2025 celebr贸 un acuerdo privado para recomprar 200.000 acciones ordinarias a PJAM IBP Holdings, Inc., una entidad de la familia Edwards cuyas acciones son titularidad beneficiaria del Director Ejecutivo Jeff Edwards. El precio por acci贸n fue de $257,38 (equivalente a un descuento del 3% respecto a la 煤ltima venta reportada), por un precio total de compra de $51.476.000, que se financiar谩 con el efectivo disponible de la compa帽铆a. La recompra fue aprobada por la Junta Directiva y el Comit茅 de Auditor铆a, y el acuerdo completo se presenta como Exhibit 10.1.
Installed Building Products, Inc.電� 2025雲� 8鞗� 19鞚� 斓滉碃瓴届榿鞛� 鞝滍攧 鞐愲摐鞗岇臧� 鞁れ 靻岇湢頃� 鞐愲摐鞗岇 臧�臁� 瓿勳棿靷澑 PJAM IBP Holdings, Inc.搿滊秬韯� 氤错喌欤� 200,000欤茧ゼ 靷摛鞚搓赴 鞙勴暅 靷爜 順戩儊 氚╈嫕鞚� 鞛愳偓欤� 毵れ瀰 瓿勳暯鞚� 觳搓舶頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 欤茧嫻 臧�瓴╈潃 $257.38搿�(斓滉芳 氤搓碃霅� 瓯半灅臧� 雽�牍� 3% 頃犾澑 鞝侅毄), 齑� 毵れ瀰雽�旮堨潃 $51,476,000鞚措┌ 須岇偓鞚� 臧�鞖� 順勱笀鞙茧 鞛愱笀鞚� 臁半嫭頃� 鞓堨爼鞛呺媹雼�. 鞚� 毵れ瀰鞚� 鞚挫偓須岇檧 臧愳偓鞙勳洂須岇潣 鞀轨澑鞚� 氚涭晿瓿� 鞝勳泊 瓿勳暯靹滊姅 Exhibit 10.1搿� 鞝滌稖霅橃棃鞀惦媹雼�.
Installed Building Products, Inc. a d茅clar茅 que le 19 ao没t 2025 elle a conclu un accord priv茅 de rachat d'actions portant sur 200 000 actions ordinaires aupr猫s de PJAM IBP Holdings, Inc., une entit茅 de la famille Edwards dont les actions sont d茅tenues 脿 titre b茅n茅ficiaire par le directeur g茅n茅ral Jeff Edwards. Le prix par action a 茅t茅 de 257,38 $ (refl茅tant une d茅cote de 3 % par rapport 脿 la derni猫re vente signal茅e), pour un prix d'achat total de 51 476 000 $, financ茅 par la tr茅sorerie disponible de la soci茅t茅. Le rachat a 茅t茅 approuv茅 par le conseil d'administration et le comit茅 d'audit, et l'accord complet est d茅pos茅 en tant qu'Exhibit 10.1.
Installed Building Products, Inc. meldete, dass es am 19. August 2025 eine privat verhandelte Aktienr眉ckkaufvereinbarung zum Erwerb von 200.000 Stammaktien von PJAM IBP Holdings, Inc. 鈥� einer Familiengesellschaft der Edwards, deren Anteile dem CEO Jeff Edwards wirtschaftlich geh枚ren 鈥� abgeschlossen hat. Der Preis pro Aktie betrug $257,38 (entsprechend einem Abschlag von 3% gegen眉ber dem zuletzt gemeldeten Verkauf), f眉r einen Gesamtkaufpreis von $51.476.000, finanziert aus den liquiden Mitteln des Unternehmens. Der R眉ckkauf wurde vom Vorstand und dem Pr眉fungsausschuss genehmigt; die vollst盲ndige Vereinbarung ist als Exhibit 10.1 eingereicht.
- None.
- None.
Insights
TL;DR: A material related-party repurchase approved by the board raises governance scrutiny despite formal committee approval.
The transaction is a clearly disclosed related-party share repurchase: the seller is an Edwards family entity and the CEO is the beneficial owner of the selling stockholder. The board and Audit Committee approved the deal and the company filed the repurchase agreement as an exhibit, which aligns with disclosure requirements. Investors should note the explicit related-party nature and that the company used cash on hand to fund the purchase, but the filing does not disclose valuation fairness procedures or any third-party fairness opinion in the provided text.
TL;DR: The company is spending $51.48 million of cash to repurchase 200,000 shares at $257.38 per share from an insider-linked holder.
This repurchase reduces outstanding shares by the specified amount and will be funded from cash on hand, per the filing. The filing specifies the per-share price and total consideration but does not state pro forma cash balance, the percentage of float represented by the repurchase, or effects on EPS. The explicit figures allow simple calculations but the document lacks broader financial context.
Installed Building Products, Inc. ha comunicato che il 19 agosto 2025 ha sottoscritto un accordo privato per il riacquisto di 200.000 azioni ordinarie da PJAM IBP Holdings, Inc., una entit脿 della famiglia Edwards le cui azioni sono possedute in via beneficiaria dall'Amministratore Delegato Jeff Edwards. Il prezzo per azione 猫 stato di $257,38 (corrispondente a uno sconto del 3% rispetto all'ultima vendita riportata), per un prezzo totale di acquisto di $51.476.000, finanziato con la liquidit脿 disponibile della societ脿. Il riacquisto 猫 stato approvato dal Consiglio di Amministrazione e dal Comitato di Revisione e l'accordo integrale 猫 depositato come Exhibit 10.1.
Installed Building Products, Inc. inform贸 que el 19 de agosto de 2025 celebr贸 un acuerdo privado para recomprar 200.000 acciones ordinarias a PJAM IBP Holdings, Inc., una entidad de la familia Edwards cuyas acciones son titularidad beneficiaria del Director Ejecutivo Jeff Edwards. El precio por acci贸n fue de $257,38 (equivalente a un descuento del 3% respecto a la 煤ltima venta reportada), por un precio total de compra de $51.476.000, que se financiar谩 con el efectivo disponible de la compa帽铆a. La recompra fue aprobada por la Junta Directiva y el Comit茅 de Auditor铆a, y el acuerdo completo se presenta como Exhibit 10.1.
Installed Building Products, Inc.電� 2025雲� 8鞗� 19鞚� 斓滉碃瓴届榿鞛� 鞝滍攧 鞐愲摐鞗岇臧� 鞁れ 靻岇湢頃� 鞐愲摐鞗岇 臧�臁� 瓿勳棿靷澑 PJAM IBP Holdings, Inc.搿滊秬韯� 氤错喌欤� 200,000欤茧ゼ 靷摛鞚搓赴 鞙勴暅 靷爜 順戩儊 氚╈嫕鞚� 鞛愳偓欤� 毵れ瀰 瓿勳暯鞚� 觳搓舶頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 欤茧嫻 臧�瓴╈潃 $257.38搿�(斓滉芳 氤搓碃霅� 瓯半灅臧� 雽�牍� 3% 頃犾澑 鞝侅毄), 齑� 毵れ瀰雽�旮堨潃 $51,476,000鞚措┌ 須岇偓鞚� 臧�鞖� 順勱笀鞙茧 鞛愱笀鞚� 臁半嫭頃� 鞓堨爼鞛呺媹雼�. 鞚� 毵れ瀰鞚� 鞚挫偓須岇檧 臧愳偓鞙勳洂須岇潣 鞀轨澑鞚� 氚涭晿瓿� 鞝勳泊 瓿勳暯靹滊姅 Exhibit 10.1搿� 鞝滌稖霅橃棃鞀惦媹雼�.
Installed Building Products, Inc. a d茅clar茅 que le 19 ao没t 2025 elle a conclu un accord priv茅 de rachat d'actions portant sur 200 000 actions ordinaires aupr猫s de PJAM IBP Holdings, Inc., une entit茅 de la famille Edwards dont les actions sont d茅tenues 脿 titre b茅n茅ficiaire par le directeur g茅n茅ral Jeff Edwards. Le prix par action a 茅t茅 de 257,38 $ (refl茅tant une d茅cote de 3 % par rapport 脿 la derni猫re vente signal茅e), pour un prix d'achat total de 51 476 000 $, financ茅 par la tr茅sorerie disponible de la soci茅t茅. Le rachat a 茅t茅 approuv茅 par le conseil d'administration et le comit茅 d'audit, et l'accord complet est d茅pos茅 en tant qu'Exhibit 10.1.
Installed Building Products, Inc. meldete, dass es am 19. August 2025 eine privat verhandelte Aktienr眉ckkaufvereinbarung zum Erwerb von 200.000 Stammaktien von PJAM IBP Holdings, Inc. 鈥� einer Familiengesellschaft der Edwards, deren Anteile dem CEO Jeff Edwards wirtschaftlich geh枚ren 鈥� abgeschlossen hat. Der Preis pro Aktie betrug $257,38 (entsprechend einem Abschlag von 3% gegen眉ber dem zuletzt gemeldeten Verkauf), f眉r einen Gesamtkaufpreis von $51.476.000, finanziert aus den liquiden Mitteln des Unternehmens. Der R眉ckkauf wurde vom Vorstand und dem Pr眉fungsausschuss genehmigt; die vollst盲ndige Vereinbarung ist als Exhibit 10.1 eingereicht.
FAQ
What did Installed Building Products (IBP) announce in this 8-K?
Who is selling the shares to IBP?
What price will IBP pay per share and how was that price determined?
How will the repurchase be funded?
Did IBP obtain board approval for the repurchase?
