Welcome to our dedicated page for QXO news (Ticker: QXO), a resource for investors and traders seeking the latest updates and insights on QXO stock.
QXO, Inc. (NYSE: QXO) generates frequent news as it executes a growth strategy in the building products distribution industry. The company describes itself as the largest publicly traded distributor of roofing, waterproofing and complementary building products in North America, and it communicates regularly about acquisitions, financing transactions and operational performance. News about QXO often highlights its goal of becoming the tech-enabled leader in an industry it estimates at approximately $800 billion and its long-term target of reaching $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth.
Investors following QXO news can expect updates on capital raising and financing, including public offerings of common stock, mandatory convertible preferred stock and convertible perpetual preferred stock. Recent announcements have covered a large common stock offering under an effective shelf registration and a significant Series C Convertible Perpetual Preferred Stock commitment led by funds managed by affiliates of Apollo Global Management, Inc., with participation from Temasek and other investors, intended to fund qualifying acquisitions.
QXO’s news flow also includes earnings releases and preliminary financial results, where the company reports net sales, net income or loss and non-GAAP metrics such as Adjusted EBITDA, Adjusted Net Income and Adjusted Diluted EPS. These releases provide insight into the performance of its distribution platform and the integration of major transactions such as the Beacon Acquisition.
In addition, QXO issues news on acquisition activity and strategic proposals, such as its completed acquisition of Beacon Roofing Supply, Inc. and its proposal to acquire GMS Inc. for cash. The company also announces key leadership appointments, including roles focused on procurement and information technology, which it links to its ambition to build a tech-enabled distribution platform. For ongoing context on QXO’s strategy, financing and operating trends, readers can review this news feed as new company communications are released.
QXO (NYSE:QXO) announced final results of its subsidiary’s cash tender offers and consent solicitations for TopBuild 4.125% 2032 and 5.625% 2034 notes.
Approximately 99.54% of 2032 notes and 99.75% of 2034 notes were tendered. Settlement is expected July 1, 2026, contingent on closing the TopBuild acquisition.
QXO (NYSE: QXO) and TopBuild (NYSE: BLD) reported stockholder elections for merger consideration in QXO’s acquisition of TopBuild.
Holders could choose $505.00 cash or 20.200 QXO shares per TopBuild share. About 91.0% elected cash and, after proration, will receive roughly $249.71 plus 10.211 QXO shares per share, subject to final calculations. The parties expect closing around July 1, 2026, pending customary conditions.
QXO (NYSE: QXO) and TopBuild (NYSE: BLD) stockholders have overwhelmingly approved QXO’s acquisition of TopBuild at their Special Meetings.
About 99% of QXO votes backed share issuance, and 78% of TopBuild votes, representing roughly 65% of outstanding shares, supported the merger. Closing is expected around July 1, 2026, subject to customary conditions.
S&P Dow Jones Indices announced multiple index changes effective June 29–July 1, 2026. Honeywell Aerospace (HONA) will join both the S&P 500 and S&P 100 as a spin-off from Honeywell International, while Conagra Brands (CAG), National Health Investors (NHI), Toast (TOST), and IES Holdings (IESC) move into new S&P indices. Apollo Commercial Real Estate Finance (ARI), Grid Dynamics (GDYN), TopBuild (BLD), and Janus Henderson (JHG) will be removed from their current indices.
QXO (NYSE: QXO) reported early tender results for cash tender offers and consent solicitations for all of TopBuild’s 4.125% 2032 and 5.625% 2034 senior notes, tied to QXO’s pending TopBuild acquisition.
Holders tendered 99.54% of 2032 notes and 99.72% of 2034 notes by the June 11, 2026 early deadline, at total consideration of $1,011.25 per $1,000 principal, including a $50 early payment. Requisite consents were obtained, enabling supplemental indentures with proposed covenant and change‑of‑control amendments, operative upon note purchase. The offers expire June 29, 2026 and are conditioned on substantially concurrent closing of the TopBuild acquisition.
QXO (NYSE:QXO) and TopBuild (NYSE:BLD) set 5:00 p.m. ET on June 29, 2026 as the election deadline for TopBuild stockholders to choose merger consideration.
Holders may elect per BLD share either $505.00 in cash or 20.200 QXO shares, subject to election and proration procedures.
QXO (NYSE:QXO) priced a private Offering of $3.0 billion in senior notes: $1.5 billion of 6.500% notes due 2031 and $1.5 billion of 6.875% notes due 2034, both at par. Closing is expected June 17, 2026, subject to conditions.
Proceeds are intended to help fund the planned TopBuild acquisition, repay or repurchase TopBuild debt, and cover related fees, alongside term loans, preferred stock and cash. If issued before the acquisition closes, proceeds go into a secured escrow until completion.
QXO (NYSE: QXO) named Vanessa Fusco, CEO of Rejoice and Restore in Naugatuck, CT, the 2026 North American Female Roofing Professional of the Year. Fusco, chosen via nationwide public vote from over 2,000 nominations and five finalists, receives $10,000 and tickets to 2027 industry events.
QXO (NYSE: QXO) named Vanessa Fusco, CEO of Rejoice and Restore in Naugatuck, CT, as the 2026 North American Female Roofing Professional of the Year. Fusco receives $10,000 and tickets to 2027 National Women in Roofing Days and the International Roofing Expo.
Now in its sixth year, the program honors women advancing roofing through innovation, mentorship and safety. Fusco’s firm grew to multi-million-dollar revenue since 2024. She won a public vote against four finalists, chosen from over 2,000 nominations across the U.S. and Canada.
QXO (NYSE:QXO) plans a private offering of $3.0 billion in senior notes, with $1.5 billion due 2031 and $1.5 billion due 2034, through subsidiary QXO Building Products.
According to QXO, proceeds will help fund the pending TopBuild acquisition, repay TopBuild debt, and cover related costs.