Patrick Industries announces new stock buyback program

(Jan. 30, 2018) -- Patrick Industries announced that its Board of Directors has approved a new stock repurchase program that authorizes the repurchase of up to $50 million of the company's common stock over the next 24 months (the "2018 Repurchase Plan"). Share repurchases will be made from time to time through open market transactions at prevailing market prices, or in privately negotiated transactions or otherwise.