initial public offerings (IPOs) trading on American exchanges

Thursday, February 6, 2014

Continental Building Products (CBPX) began trading on the NYSE on 5 February 2014


The Reston, Va.-based company makes and sells drywall in the eastern U.S. and Canada. It raised about $165 million after offering 11.8 million shares at $14 per share. Continental Building Products said it will use the money it raises to pay off debt. Its stock is listed on the New York Stock Exchange under the symbol "CBPX." Shares rose $1.19, or 8.5 percent, to $15.19.

Business Summary 
Continental Building Products, Inc. manufactures and sells a range of gypsum wallboard and complementary finishing products for the new residential, repair and remodel, and commercial construction markets. The company offers its products to intermediary sellers, such as wallboard distributors, buying groups, wholesalers, home improvement centers, and other retailers. Continental Building Products, Inc. sells its products under the LiftLite, Mold Defense, and Weather Defense names in the Eastern United States and Eastern Canada. The company was founded in 2013 and is based in Reston, Virginia.

Continental Building Products, Inc.
12018 Sunrise Valley Drive
Suite 600
Reston, VA 20191
United States - Map
Phone: 703-480-3800
Website: http://www.continental-bp.com

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