DXP Enterprises, Inc. announced that its Board of Directors has authorized a new stock repurchase program. The plan allows the company to buy back its common stock over the next 24 months, reflecting management's confidence in DXP's long-term outlook and commitment to creating shareholder value.
Key Details
- Authorization: The company may repurchase up to $150.0 million or 1.0 million shares of its outstanding common stock.
- Duration: The program is authorized to take place over the next 24 months at the discretion of management.
- Previous Program: This new authorization replaces a prior $85.0 million stock repurchase program that concluded in August 2026.