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Stock impact report

Distribution Solutions Group Announces $30 Million Increase to Its Share Repurchase Program [Yahoo! Finance]

Distribution Solutions Group, Inc. (DSGR) 
Company Research Source: Yahoo! Finance
premier, specialty distribution company, announced that its Board of Directors has approved a common share repurchase authorization of an additional $30 million. This authorization is in addition to approximately $2.9 million still available under previous authorizations. During the first nine months through September 30, 2025, the Company has repurchased approximately $23.5 million of its common stock. "We are excited to announce an increase to our stock repurchase authorization," said Bryan King, Chief Executive Officer and Chairman of the Board. "The strength of our business prospects and our ability to generate strong free cash flow provide us with confidence to deploy capital in ways that we believe will enhance long-term shareholder value and provides us with the flexibility to repurchase shares when we believe we are undervalued in the marketplace. Our balance sheet continues to strengthen, and this repurchase authorization aligns with our broader capital allocation strategy. Show less Read more
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