The Home Depot Extends Tender Offer for GMS Shares

The Home Depot has extended the expiration date of its tender offer to purchase all outstanding shares of GMS at a price of $110.00 per share in cash. The offer, previously set to expire on August 22, 2025, has now been extended until September 3, 2025, as per the terms of the merger agreement. As of the previous expiration time, approximately 77% of the outstanding shares had been tendered.

The depositary for the tender offer has advised that approximately 29,310,002 shares have been validly tendered. Stockholders who have already tendered their shares are not required to take any further action due to the extension of the tender offer. D.F. King & Co., Inc. is serving as the information agent for the tender offer.

The Home Depot is the world's largest home improvement specialty retailer, operating over 2,353 retail stores and employing more than 470,000 associates. The company's stock is traded on the NYSE and is included in the Dow Jones industrial average and S&P 500 index.