Bluelinx Holdings (BXC) Announces $25M Stock Buyback

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BlueLinx Announces $25 Million Share Repurchase Program

August 23, 2021 4:20 PM EDT

MARIETTA, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the Company) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $25 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Companys decision to repurchase its shares, as well as the timing of such repurchases, will depend on a variety of factors,... More