MarineMax announced that its board of directors approved a new stock repurchase plan. Under the plan, the company is authorized to repurchase up to $100M of its common stock during the period beginning today and ending March 31, 2026. This plan replaces the March 2020 plan, as amended, which authorized the repurchase of up to 10M shares and which was set to expire on March 31. Approximately 1,080,000 shares had been repurchased under the 2020 plan as of March 5.
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