DXP Enterprises authorizes new $150.0 million share repurchase program over 24 months
DXP Enterprises' Board authorized a new program to repurchase up to $150.0 million or 1.0 million shares of common stock over the next 24 months, at management's discretion. The new program follows a previous $85.0 million or 2.5 million share program that concluded in August 2026, and the company may discontinue it at any time.
Key points
- Up to $150.0 million or 1.0 million shares may be repurchased over the next 24 months
- Previous program authorized up to $85.0 million or 2.5 million shares and concluded in August 2026
- Approximately 16.4 million diluted weighted average shares outstanding as of June 30, 2026
- Repurchases may occur in open market or privately negotiated transactions; no guarantee of exact amount
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.