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Installed Building Products Inc announces pricing of initial public offering of common stock

Thursday, 13 Feb 2014 06:00am EST 

Installed Building Products Inc:Says pricing of its initial public offering of 7,450,000 shares of its common stock, which will be sold by the Company at a price of $11.00 per share.Says underwriters have been granted the option to purchase up to an additional 1,117,500 shares of common stock from the Company.Says shares are expected to begin trading on the New York Stock Exchange under the symbol IBP on Feb. 13.Says offering is expected to close on February 19, 2014, subject to the satisfaction of customary closing conditions.