Core & Main increases share repurchase authorization by $500M to $1B

Core & Main has authorized a $500M increase to the company’s existing share repurchase program, bringing the total authorization to $1B of Core & Main’s Class A Common Stock. As of December 8, 2025, Core & Main has repurchased approximately $316M of Class A Common Stock under the Repurchase Authorization, leaving approximately $684M available for future repurchases. The Repurchase Authorization may be further amended, suspended or terminated at any time at the company’s discretion. Core & Main currently expects to fund repurchases under the Repurchase Authorization using existing cash and cash equivalents, short-term borrowings and/or future cash flows.