DNOW announces new $160M share repurchase program, double prior $80M program

DNOW Inc.

Board authorized up to $160M share repurchase program, effective immediately.
New program is double the size of the successfully completed $80M inaugural program.
Company reaffirms commitment to acquisition growth strategy and organic investments.
CEO cites confidence in cash flow generation and improved earnings profile.
Repurchases may occur via open market, private transactions, or 10b5-1 plans.

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