MarineMax (HZO) announced that its board of directors has approved a new stock repurchase plan. Under the new plan, the company is authorized to repurchase up to $100M of its common stock through March 2028. This plan replaces the March 2024 plan, which authorized MarineMax to purchase up to $100M of its common stock through March. Approximately 1.4M shares of the company’s common stock had been repurchased under the 2024 Plan as of March 3.
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