UFP Industries (UFPI) board authorizes repurchase of up to $300 million shares

Rhea-AI Filing Summary

UFP Industries, Inc. announced that its board authorized the repurchase of up to $300 million shares of its outstanding common stock. This new authorization, approved on May 29, 2026, expires on April 30, 2027 and replaces all prior share repurchase authorizations.

The company may buy back shares from time to time in the open market, through privately negotiated transactions, or by other methods, including under Rule 10b5 1 trading plans, consistent with federal securities laws. The timing, price, and amount of any repurchases will be at the company’s discretion, and the program can be modified, suspended, or discontinued without prior notice.

Insights

Equity Capital Allocation Analyst

UFP Industries gains flexible authority for sizable discretionary share repurchases.

The board authorized repurchases of up to $300 million shares of common stock, with an expiration date of April 30, 2027. This replaces all prior programs, consolidating authority into a single, updated repurchase framework.

The company can execute buybacks via open-market purchases, private transactions, or Rule 10b5 1 trading plans, giving operational flexibility. Actual impact will depend on how aggressively management uses this authorization relative to cash flow needs and other investment opportunities.

The language allowing modification, suspension, or discontinuation without notice means future capital return levels remain at management’s discretion. Subsequent disclosures in company filings will indicate whether and how much of the authorized level is ultimately utilized.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Share repurchase authorization: Up to $300 million shares Authorization expiry date: April 30, 2027 Trading symbol: UFPI +1 more

4 metrics

Share repurchase authorization Up to $300 million shares Authorized by board on May 29, 2026

Authorization expiry date April 30, 2027 Expiration of current repurchase program

Trading symbol UFPI Common Stock listed on The NASDAQ Stock Market, LLC

Form type Form 8-K, Item 8.01 Other Events Disclosure of repurchase authorization

Key Terms

Rule 10b5 1 trading plans, Emerging growth company, Other Events, Inline XBRL

4 terms

Rule 10b5 1 trading plans financial

"including pursuant to Rule 10b5 1 trading plans, in accordance with applicable federal securities laws"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Other Events regulatory

"Item 8.01 Other Events."

Inline XBRL technical

"Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document)"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

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Understanding 8-K Material Events →

0000912767false00009127672026-05-292026-05-29

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

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Date of Report (Date of earliest event reported): May 29, 2026

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UFP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

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​ ​	​ ​	​ ​
Michigan (State or other Jurisdiction of Incorporation)	0-22684 (Commission File Number)	38-1465835 (IRS Employer Identification No.)

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2801 East Beltline, NE Grand Rapids, Michigan (Address of Principal Executive Offices)	49525 (Zip Code)

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Registrant's telephone number, including area code: (616) 364-6161

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None

(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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☐        Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

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☐        Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

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☐        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

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☐        Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

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Securities registered pursuant to Section 12(b) of the Act:

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Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	UFPI	The NASDAQ Stock Market, LLC

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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Emerging growth company ☐

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 8.01     Other Events.

On May 29, 2026, the Board of Directors of UFP Industries, Inc. (the “Company”) authorized the repurchase of up to $300 million shares of the Company’s outstanding common stock. The authorization expires on April 30, 2027, and supersedes and replaces any prior share repurchase authorizations.

Share repurchases pursuant to the authorization may be made from time to time in the open market, through privately negotiated transactions, or by other means, including pursuant to Rule 10b5 1 trading plans, in accordance with applicable federal securities laws. The timing, manner, price, and amount of any repurchases will be determined by the Company in its discretion and will depend on a variety of factors, including market conditions, share price, trading volume, and other considerations.  

The authorization does not obligate the Company to acquire shares, and it may be modified, suspended, or discontinued at any time without prior notice.

Item 9.01     Exhibits.

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EXHIBIT INDEX

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Exhibit Number	​ ​ ​	Document	​
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104	​	Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

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2

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SIGNATURE

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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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​	UFP INDUSTRIES, INC.
​	(Registrant)
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Dated: June 1, 2026	By:	/s/ Michael R. Cole	​
​	​	Michael R. Cole
​	​	Chief Financial Officer,
​	​	Principal Financial Officer and
​	​	Treasurer

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FAQ

What share repurchase authorization did UFP Industries (UFPI) approve?

UFP Industries’ board authorized the repurchase of up to $300 million shares of its outstanding common stock. This authorization gives the company discretion to buy back shares depending on market conditions, share price, trading volume, and other corporate considerations.

When does the new UFP Industries (UFPI) share repurchase authorization expire?

The new share repurchase authorization for UFP Industries expires on April 30, 2027. Until that date, the company may repurchase shares at its discretion, subject to market conditions and internal decisions about capital allocation and alternative uses of cash.

How can UFP Industries (UFPI) execute its authorized share repurchases?

UFP Industries may repurchase shares in the open market, through privately negotiated transactions, or by other means. These include Rule 10b5 1 trading plans, provided transactions comply with applicable federal securities laws and the company’s internal policies.

Does the UFP Industries (UFPI) repurchase authorization require the company to buy back shares?

The authorization does not obligate UFP Industries to buy back any specific number of shares. It simply permits repurchases up to the stated limit, and the program can be modified, suspended, or discontinued at any time without prior notice.

What happened to UFP Industries’ (UFPI) prior share repurchase authorizations?

The new authorization for up to $300 million shares supersedes and replaces all prior share repurchase authorizations. Going forward, any buybacks will occur under this updated program and within its expiration date and other stated terms.

What factors will influence UFP Industries’ (UFPI) share repurchase activity?

Management will consider market conditions, the company’s share price, trading volume, and other corporate considerations. These factors will help determine the timing, price, and amount of any share repurchases executed under the current authorization.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 EX-101.SCH 2.6 KB
• EX-101 EX-101.LAB 14.9 KB
• EX-101 EX-101.PRE 9.8 KB