other material
confidence high
sentiment positive
materiality 0.70
Core & Main authorizes $500M share repurchase program for Class A common stock
Core & Main, Inc.
- Board authorized stock repurchase program for up to $500 million of Class A common stock.
- Repurchases may be executed via open market, privately negotiated, or Rule 10b5-1 trading plans.
- Timing and amount discretionary based on market conditions, stock price, and capital needs.
- Funding expected from existing cash, short-term borrowings, and future cash flows.