Thermon authorizes $50M inaugural share repurchase program through March 2027

Thermon Group Holdings, Inc.

Board authorized repurchase of up to $50M of common stock through March 15, 2027.
Program is Thermon's inaugural share repurchase authorization.
CEO cites balance-sheet strength, offsetting dilution, and capital allocation optionality.
Repurchases may be made via open market, private transactions, block trades, or Rule 10b5-1 plans.
Program does not obligate any specific repurchase amount; may be suspended or terminated at any time.

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