UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 8.01
On July 25, 2022, the Board of Directors (the “Board”) of TopBuild Corp. (the “Company”) authorized the Company to repurchase up to $200 million of its common stock, par value $0.01 per share, which repurchases may be effected by any legal means including, without limitation, open market purchases, privately negotiated transactions in accordance with the regulations promulgated under the Securities Exchange Act of 1934, as amended, under accelerated share repurchase agreements, or otherwise. This repurchase program is in addition to, and not substitution of, any share repurchase plan or program previously approved. Repurchases will be made from cash on hand as well as from a portion of the free cash flow expected to be generated from the business. The repurchase program has no expiration date and will continue until otherwise suspended, terminated, or modified at any time for any reason by the Board.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TOPBUILD CORP. | |||
By: | /s/ Robert Kuhns | ||
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| Name: | Robert Kuhns |
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| Title: | Vice President and Chief Financial Officer |
Dated: July 26, 2022 |
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