Beacon Roofing Supply Trading Volume Plummets 42 Percent to 477th Rank as QXO Acquisition Offer Looms

On April 21, 2025, Beacon Roofing Supply (BECN) experienced a significant decline in trading volume, with a total turnover of $168 million, marking a 42.05% decrease from the previous day. This placed Beacon at the 477th position in terms of trading volume for the day. The stock price of Beacon Roofing Supply (BECN) decreased by 0.16%.

QXO has extended its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (BECN) for $124.35 per share. This offer has received unanimous support from Beacon's board of directors and will remain open until 5:00 p.m. on April 28, 2025. The transaction is expected to close at or near the end of April, subject to a majority of Beacon shares tendering in the offer and other customary closing conditions.