Beacon Roofing Supply Inc
NASDAQ:BECN
BECN's latest stock split occurred on Jun 13, 2006
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, BECN traded at 32.06 per share. Afterward, the share price was about 20.49.
The adjusted shares began trading on Jun 13, 2006. This was the only stock split in BECN's history.
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Beacon Roofing Supply Inc
Glance View
Beacon Roofing Supply Inc. stands as a formidable pillar in North America's building materials landscape. Established in 1928, the company has steadily evolved into one of the largest distributors of roofing products and complementary building materials in the region. Its operations are a well-oiled machine, with a vast network of over 400 locations strategically positioned across the United States and Canada. This extensive footprint allows the company to effectively serve a diverse client base that includes roofing contractors, builders, and remodelers. The heart of Beacon's business lies in its adept handling of logistics and supply chain management, ensuring prompt and reliable delivery of its offerings, which range from residential and commercial roofing products to an array of siding, insulation, and waterproofing solutions. Beacon's journey through the market is steered by its commitment to quality and customer service, driving its profitability engine. The company leverages its scale to negotiate favorable terms with a wide array of manufacturers, enabling them to offer competitive pricing without compromising on quality. By fostering strong, ongoing relationships with its suppliers, Beacon can maintain a robust inventory that meets fluctuating market demands. Its revenue stream predominantly flows from sales of these essential building products, while its ancillary services—such as digital and in-person sales consultations—enhance the customer experience. This dual focus on top-notch service and a comprehensive product portfolio has helped Beacon Roofing Supply maintain its sturdy position in the industry, weathering economic cycles with resilient growth strategies.
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