TopBuild Corp. (NYSE:BLD) Files An 8-K Regulation FD Disclosure
ITEM 7.01 Regulation FD Disclosure.
On May 5, 2017, TopBuild Corp. (the Company) issued a press
release announcing the settlement of a previously reportedbreach
of contract dispute with Owens Corning (Owens). Under the terms
of the settlement, the Company will pay Owens $30 million. The
settlement will be reflected in the Companys quarter ended March
31, 2017 results.
A copy of the press release is furnished hereto as Exhibit 99.1.
The information contained in this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed filed with the
Securities and Exchange Commission nor incorporated by reference
in any registration statement filed by the Company under the
Securities Act of 1933, as amended.
Item 9.01.Financial Statements and Exhibits.
The following exhibits are furnished as part of this Report to
the extent described in Item 7.01.
Press release issued by TopBuild Corp., dated May 5, 2017
About TopBuild Corp. (NYSE:BLD)
TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). The Company’s Installation segment principally includes the sales and installation of insulation and other building products. Its Distribution segment principally includes the distribution of insulation and other building products. It provides insulation installation services nationwide through its TruTeam contractor services business, which has over 180 installation branches located in approximately 44 states. It installs various insulation applications, which include fiberglass batts and rolls, blown-in loose fill fiberglass, blown-in loose fill cellulose and polyurethane spray foam. The Company distributes insulation and other building products, including rain gutters, fireplaces, closet shelving, and roofing materials through its Service Partners business. TopBuild Corp. (NYSE:BLD) Recent Trading Information
TopBuild Corp. (NYSE:BLD) closed its last trading session 00.00 at 51.62 with 138,901 shares trading hands.