DXP Enterprises authorizes up to $85M or 2.8M share repurchase program

DXP ENTERPRISES INC

Board authorized repurchase of up to $85M or 2.8M shares in open market over 24 months.
Previous program completed: 1.5M shares repurchased under 2-year program begun May 2021.
As of Sept 30, 2022, diluted shares outstanding were ~19.7M.
Since March 2021, DXP repurchased ~11% of diluted shares for ~$64M.
Chairman cites confidence in business and attractive buying opportunity in stock.

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