On June 29, 2026, QXO stockholders approved two key proposals at a special meeting to facilitate the merger with TopBuild Corp. The first proposal authorizes the issuance of common stock as consideration for the TopBuild acquisition. The second proposal approves an amendment to the company's certificate of incorporation to increase the number of authorized shares of common stock from 2,000,000,000 to 4,000,000,000. QXO operates in the building products distribution industry.