secwatch.observer — SEC 8-K summary
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Issuer:     DXP ENTERPRISES INC (DXPE)
CIK:        0001020710
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001020710-22-000100
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020710/000102071022000100/0001020710-22-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020710/000102071022000100/dxpe-20221215.htm
  HTML page:      https://secwatch.observer/filing/0001020710-22-000100

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