$109.960
-0.011 (-0.01%)At close
GMS News
GMS Events
Mirion Set to Take Over GMS Inc. in S&P 600 Starting September 9th
Home Depot (HD) acquired GMS (GMS) in a deal that was completed on September 4.
Mirion Set to Take Over GMS Inc. in S&P 600 Starting September 9th
Home Depot (HD) acquired GMS (GMS) in a deal that was completed on September 4.
Home Depot finalizes purchase of GMS Inc.
The Home Depot (HD) announced that it has completed the acquisition of GMS Inc. (GMS) through its specialty trade distribution subsidiary, SRS Distribution, for a total enterprise value of approximately $5.5B. GMS is one of the leading distributors of specialty building products including drywall, ceilings, steel framing and other complementary products related to remodeling and construction projects in residential and commercial end markets. The agreement to acquire GMS was previously announced on June 30.
Canadian Competition Bureau Approves Home Depot's Acquisition of GMS Inc.
The Home Depot (HD) announced that it has received clearance from the Canadian Competition Bureau, in the form of a no action letter, in connection with The Home Depot's previously announced tender offer to purchase, through its wholly owned subsidiary Gold Acquisition Sub, and subject to certain conditions, all of the outstanding shares of common stock of GMS (GMS), at a price of $110.00 per share in cash, without interest and subject to any required withholding of taxes. The tender offer will expire at one minute after 11:59 p.m., Eastern time, on Wednesday, September 3, 2025, unless the tender offer is otherwise extended further or earlier terminated in accordance with the merger agreement and the applicable rules and regulations of the U.S. SEC.
GMS Inc. announces Q1 adjusted earnings per share of $1.76, surpassing consensus estimate of $1.72.
Reports Q1 revenue $1.41B, consensus $1.4B.
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