Tranche Update on UFP Industries, Inc.'s Equity Buyback Plan announced on November 19, 2001.
July 21, 2022 at 04:10 pm EDT
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From March 27, 2022 to June 25, 2022, the company has repurchased 1,165,268 shares, representing 1.86% for $89.67 million. With this, the company has completed the repurchase of 4,575,052 shares, representing 7.5% for $218.98 million under the buyback announced on November 19, 2001.
UFP Industries, Inc. is a holding company with subsidiaries throughout North America, Europe, Asia, and Australia that designs, manufactures, and supplies products made from wood, composites, and other materials. The Company's segments include Retail, Packaging and Construction. Its Retail Solutions segment is comprised of business units, such as ProWood, Sunbelt, Deckorators and UFP-Edge. Retail Solutions segment is focused on distinct product offerings, which are grouped by brands and business units. Packaging segment is comprised of business units, such as Structural Packaging, PalletOne, and Protective Packaging Solutions. Construction segment is comprised of business units, such as Factory-Built Housing, Site-Built Construction, Commercial Construction, and Concrete Forming. Its ProWood business units manufactures and sells treated lumber products, including decking, fencing, and lattice, as well as decorative and functional lawn and garden products to building products retailers.
UFP INDUSTRIES, INC. 
