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MarineMax Announces $100M Buyback Plan

Benzinga Newsdesk 8 months ago

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MarineMax, Inc. (NYSE: HZO) ("MarineMax" or the "Company"), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that its Board of Directors has

MarineMax, Inc. (NYSE: HZO) ("MarineMax" or the "Company"), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today 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 $100 million of its common stock beginning today through March 2028. This plan replaces the March 2024 Plan (the "2024 Plan"), which authorized MarineMax to purchase up to $100 million of its common stock through March 2026. Approximately 1.4 million shares of the Company's common stock had been repurchased under the 2024 Plan as of March 3, 2026.

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