Pool increases share repurchase authorization and raises quarterly dividend

4 articles · Updated · MarketWatch · Apr 29

Pool's board approved a $329 million boost to its buyback plan, raising total authorization to $600 million, and increased the quarterly dividend to $1.30 per share, payable May 28.
The new dividend, up from $1.25, yields 2.4% annually based on the latest $209.61 share price, with shareholders of record as of May 14 eligible.
Pool, with a $7.94 billion market cap and 36.7 million shares outstanding, aims to enhance shareholder returns through these measures, reflecting confidence in its financial position.

Is Pool Corp's $600M buyback a sign of confidence or a risky bid to boost its stock?

After strong earnings, why did Pool Corp's stock price unexpectedly fall?

Why does Wall Street undervalue Pool Corp despite its strong earnings and buyback plan?

Is returning cash the best strategy in a pool industry ripe for sustainable innovation?

Can a 'maintenance moat' truly protect Pool Corp's growth as new construction slows?