DXP Enterprises (DXPE) Announces New Share Repurchase Program

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Go back to DXP Enterprises (DXPE) Announces New Share Repurchase Program

DXP Enterprises, Inc. Announces New Share Repurchase Program

August 28, 2024 3:30 PM EDT

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the program) under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022.

The shares under the new program may be... More