Fred Alger Management investit 51,52 M$ dans Builders FirstSource, qui lance un rachat d'actions de 1 milliard de dollars. Fred Alger Management invests $51.52M in Builders FirstSource, which launches $1B stock buyback.

Fred Alger Management LLC a investi 51,52 millions de dollars dans la société Constructeurs FirstSource, Inc., achetant 265740 actions. Fred Alger Management LLC invested $51.52 million in Builders FirstSource, Inc., purchasing 265,740 shares. Malgré des attentes légèrement manquantes en matière de gains, la société a lancé un programme de rachat d'actions d'un milliard de dollars. Despite slightly missing earnings expectations, the company initiated a $1 billion stock buyback program. Plusieurs autres investisseurs institutionnels ont également ajusté leurs participations dans la société. Several other institutional investors also adjusted their stakes in the company. Bâtisseurs FirstSource, qui fabrique et fournit des matériaux de construction, a un plafond de marché de 21,26 milliards de dollars et un ratio P/E de 18.04. Builders FirstSource, which manufactures and supplies building materials, has a market cap of $21.26 billion and a P/E ratio of 18.04.