The $110 per-share consideration represents a premium of around 36% to GMS' share price as of June 18. The Home Depot expects to fund the transaction through cash on hand and debt.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise ...

GMS shares were up more than 11%, while Home Depots' rose slightly in early trading. Home Depot subsidiary SRS distribution will buy all shares of GMS for $110, as part of the deal, the company said.

Home Depot offers $110 per GMS share Offer is a 36% premium to GMS stock's close on June 18 Including debt, the deal is valued at $5.5 billion GMS shares rise 11.8% ...

Home Depot & GMS Outlook Based on Zacks' estimates, GMS’s total sales are expected to be virtually flat in its current fiscal year 2026 but are projected to rise 3% in FY27 to $5.68 billion.

Home Depot said Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Home Depot HD -0.05% will buy building-products distributor GMS GMS 0.59% for about $4.3 billion, winning a bidding war over roofing-products distributor QXO. Under terms of the deal, the home ...