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DXP authorizes $150M share repurchase program to replace expired plan

DXPEDxp Enterprises Inc

DXP Enterprises' Board authorized a new stock repurchase program allowing up to $150.0 million or 1.0 million shares of common stock to be acquired in the open market over the next 24 months. This replaces the previous program, which concluded in August 2026 after authorizing $85.0 million or 2.5 million shares. Purchases will occur at prevailing market prices through open market or privately negotiated transactions, with no guarantee on the exact number of shares repurchased. DXP Enterprises is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout North America.

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