Patrick Industries (PATK) Raises Buyback Plan to $50 Million

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Patrick Industries, Inc. Announces Increased Share Repurchase Authorization

May 18, 2018 8:32 AM EDT

ELKHART, Ind., May 18, 2018 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that its Board of Directors (the "Board") approved an increase in the amount of the Company's common stock that may be acquired over the next 24 months under the Company's current stock repurchase program to $50.0 million, including the amount remaining under the previous authorization.

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