Installed Building Products to repurchase 200,000 shares from CEO-linked holder for $51.5 million
On August 19, 2025, Installed Building Products agreed to buy back 200,000 shares of its common stock from PJAM IBP Holdings, an Edwards family entity whose beneficial owner is CEO Jeff Edwards. The price is $257.38 per share, a 3% discount to the $265.34 last reported sale on August 18, 2025, for a total of $51,476,000, funded from cash on hand. The purchase is a repurchase from a related party, and the Board of Directors and Audit Committee approved it.
Key points
- 200,000 shares at $257.38 per share, for a total purchase price of $51,476,000
- Price is 3% below the $265.34 last reported sales price on August 18, 2025
- Seller is PJAM IBP Holdings, an Edwards family entity; CEO Jeff Edwards has beneficial ownership of the shares
- Transaction is part of the previously announced stock buyback program and is funded from cash on hand
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits 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 August 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.