Distribution Solutions Group, Inc. announced a $30 million increase to its share repurchase program.
The Board of Directors approved the common share repurchase authorization.
The company has repurchased approximately $23.5 million of its common stock in the first nine months of 2025.
Share Repurchase Authorization Increase
Board approved an additional $30 million for share repurchase, demonstrating confidence in the company's performance.
Strong Free Cash Flow
The ability to generate strong free cash flow allows the company to enhance long-term shareholder value.
Capital Allocation Strategy
The repurchase authorization aligns with the company's broader capital allocation strategy.
- The increase in share repurchase authorization reflects the company's confidence in its business prospects and financial strength.
- This strategic move enhances the company's ability to deploy capital efficiently and underscores its commitment to enhancing shareholder value.
Distribution Solutions Group's decision to increase the share repurchase program highlights its confidence in the company's growth trajectory and commitment to shareholder value.