QXO stockholders approve TopBuild acquisition with 99% support; closing set for July 1

Filed June 29, 2026 · Period ending June 29, 2026 · ~1 min read

Key Changes

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  QXO stockholders approved issuing shares for the TopBuild acquisition with 99.8% of votes cast (725 million for, 1 million against), representing 70.3% of all eligible votes. TopBuild stockholders approved the merger with 78% of votes cast, representing 65% of outstanding shares.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
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  QXO stockholders approved doubling authorized common stock from 2 billion to 4 billion shares with 99.5% of votes cast (722.4 million for, 3.5 million against), providing capacity for the merger consideration and future capital needs.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
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  The transaction is expected to close on or about July 1, 2026, subject to customary closing conditions. TopBuild will become a wholly owned QXO subsidiary through a two-step merger structure.

  Exhibit 99.1 verify on EDGAR →