Installed Building Products to buy back $16.9 million of stock from Edwards family entity
On March 7, 2025, Installed Building Products agreed to repurchase 100,000 shares of its common stock from PJAM IBP Holdings, Inc., an Edwards family entity, for $16,875,000 as part of a previously announced buyback program. The price of $168.75 per share is a 3% discount to the March 6, 2025 last reported sale price, and the purchase will be funded from cash on hand. Because the seller is linked to CEO Jeff Edwards, the privately negotiated trade is a related-party transaction, which the Board of Directors and Audit Committee approved.
Key points
- Agreement dated March 7, 2025 covers 100,000 shares of common stock in a privately negotiated transaction
- Price of $168.75 per share, a 3% discount to the March 6, 2025 last reported sale price, for a total of $16,875,000
- Seller is PJAM IBP Holdings, Inc.; CEO Jeff Edwards has beneficial ownership of the shares held by it
- Funded from cash on hand; approved by the Board of Directors and Audit Committee
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.