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Installed Building Products Announces Share Repurchase

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COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE:IBP), an industry-leading installer of insulation and other complementary building products, announced today it has agreed to repurchase 300,000 shares of its common stock for an aggregate purchase price of $5.3 million from Cetus Capital II, LLC, one of its largest stockholders. The price per share for the repurchase equals $17.61, which was the last reported sales price of the Company’s common stock on De

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