Tranche Update on Patrick Industries Inc.'s Equity Buyback Plan announced on February 22, 2013.
January 26, 2016 at 10:06 pm
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From September 28, 2015 to December 31, 2015, the company has repurchased 422,807 shares, representing 2.72% for $16.99 million. With this, the company has completed the repurchase of 1,305,387 shares, representing 8.27% for $42.79 million under the buyback announced on February 22, 2013.
Patrick Industries, Inc. is a component solutions provider for the recreational vehicle (RV), marine, powersports and housing markets. The Companyâs segments include Manufacturing, which offers laminated products for furniture, shelving, walls and countertops; decorative vinyl, wrapped vinyl, paper laminated panels and vinyl printing; solid surface, granite and quartz countertops; fabricated aluminum products; and other products, and Distribution segment, which provides pre-finished wall and ceiling panels, drywall and drywall finishing products, interior and exterior lighting products, wiring, electrical and plumbing products, transportation and logistics services and other products. It operates through a network that includes approximately 179 manufacturing plants and 62 warehouse and distribution facilities located in 23 states with presence in Mexico, China, and Canada. It also serves original equipment manufacturers (OEMs), and various other industrial markets.
PATRICK INDUSTRIES, INC. 
