Installed Building Products to Celebrate 10th Anniversary of NYSE Listing

Installed Building Products to Ring NYSE Closing Bell to Commemorate Milestone on Monday, February 12, 2024

Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, announced it will celebrate the 10^th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing The Closing Bell at 4:00 p.m. ET on Monday, February 12, 2024.

“I am extremely proud of the success IBP has achieved since becoming a publicly-traded company on February 13, 2014. Based on an initial public offering price of $11.00 per share, IBP’s market capitalization began at approximately $324 million and almost ten years later, as of the close of the market on February 2, 2024, our market capitalization was $5.7 billion. The credit goes to the hardworking men and women across our roughly 250 branches throughout the United States and those who support them from our office in Columbus, Ohio. IBP has grown both organically and through acquisition, transforming from a small regional installer of insulation to one of the largest installers of building products in the country. Our end market presence has become more diversified as well, expanding within multi-family and commercial end markets to complement our core single-family new construction presence. As we continue to focus on profitable growth, we remain committed to ‘doing the right thing’ for our employees, customers, communities, and shareholders,” stated Jeffrey W. Edwards, President and Chief Executive Officer.

Coverage of the Closing Bell will be live streamed on the NYSE website at https://www.nyse.com/bell. Videos and photos during and following the ceremony will be shared on NYSE’s social media channels: YouTube, Facebook, Instagram, and on X (formerly Twitter) @NYSE.

About Installed Building Products

Installed Building Products, Inc. is one of the nation’s largest new residential insulation installers and is a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company manages all aspects of the installation process for its customers, from direct purchase and receipt of materials from national manufacturers to its timely supply of materials to job sites and quality installation. The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects in all 48 continental states and the District of Columbia from its national network of approximately 250 branch locations.

Source: Installed Building Products, Inc.