Nov. 17 at 6:28 PM
Distribution Solutions Group announced that its board approved a new
$30 million share repurchase authorization, boosting its total remaining buyback capacity to nearly
$33 million. The company has already repurchased about
$23.5 million of stock in the first nine months through September 30, 2025. CEO Bryan King said the strong business outlook and solid free cash flow give the company confidence to deploy capital in ways that enhance long-term shareholder value, including buying back shares when they believe the stock is undervalued. Buybacks may be executed on the open market or through privately negotiated transactions as part of the company’s ongoing capital allocation strategy.
$DSGR