AI brief of an SEC Form 8-K · DXP Enterprises (DXPE)

DXP Enterprises authorizes new $150.0 million share repurchase program over 24 months

Neutral Impact 3 of 5 shareholder

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

CompanyDXP Enterprises (DXPE)
Form8-K, current report
Filed with the SECOct 28, 2026, 5:44 PM ET
Accession number0001628280-26-067964

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

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.