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Stock impact report

Installed Building (IBP) Expands Presence With Two Acquisitions [Yahoo! Finance]

Installed Building Products, Inc. (IBP) 
Last installed building products, inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
are expected to add approximately $14 million in annual revenues. IBP repurchased $46 million of common stock in June under its existing repurchase program. Thrice Energy Solutions is based in Oklahoma City, OK, and operates in Oklahoma and Texas, focusing on residential and commercial fiberglass and spray foam insulation. This marks IBP's first branch in one of Oklahoma's largest new construction markets, enhancing its presence in a key area for residential and commercial projects. The company completed the acquisition of Gutter Pro, a gutter installation company, on Jun 3. Located in Plymouth, Massachusetts, Gutter Pro serves residential and commercial customers in Massachusetts and Rhode Island. The acquisition strengthens IBP's position in the Northeast region. The move signifies IBP's efforts to expand into new geographic areas and diversify its product offerings. Acquisitions are a crucial part of the company's growth strategy, with IBP maintaining a robust pipeline and ac Show less Read more
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