{"id":956116,"date":"2026-04-29T16:11:51","date_gmt":"2026-04-29T20:11:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pool-corporation-announces-increase-in-share-repurchase-program-growth-of-quarterly-dividend-and-results-of-2026-annual-meeting-of-stockholders\/"},"modified":"2026-04-29T16:11:51","modified_gmt":"2026-04-29T20:11:51","slug":"pool-corporation-announces-increase-in-share-repurchase-program-growth-of-quarterly-dividend-and-results-of-2026-annual-meeting-of-stockholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pool-corporation-announces-increase-in-share-repurchase-program-growth-of-quarterly-dividend-and-results-of-2026-annual-meeting-of-stockholders\/","title":{"rendered":"Pool Corporation Announces Increase in Share Repurchase Program, Growth of Quarterly Dividend and Results of 2026 Annual Meeting of Stockholders"},"content":{"rendered":"
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COVINGTON, La., April 29, 2026 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq: POOL) announced today that its Board of Directors (the Board) increased the company\u2019s share repurchase program to $600.0 million. This update adds $329.0 million to the $271.0 million that remained under its existing share repurchase program as of April 28, 2026. The timing and amount of any share repurchases is at the discretion of the company, and the share repurchase program will continue until otherwise modified or terminated by the Board at any time in its sole discretion.<\/p>\n

The Board also declared a quarterly cash dividend of $1.30 per share, a 4% increase over the previous quarterly dividend amount of $1.25 per share. The dividend is payable on May 28, 2026 to stockholders of record on May 14, 2026. As of April 28, 2026, there were 36,443,003 shares of common stock outstanding.<\/p>\n

John Stokely, Chair of the Board, commented, \u201cThe increase in POOLCORP\u2019s share repurchase program and quarterly dividend demonstrates our commitment to disciplined capital allocation. Together with the strategic investments we have made over the past several years, we believe we are well positioned for growth from our proven operating model to create long-term value for our stockholders, customers, suppliers and employees. We thank our stockholders for their continued support and look forward to a successful year.\u201d<\/p>\n

At POOLCORP\u2019s Annual Meeting of Stockholders on April 29, 2026, stockholders elected Peter D. Arvan, Martha \u201cMarty\u201d S. Gervasi, James \u201cJim\u201d D. Hope, Kevin M. Murphy, Debra S. Oler, Manuel J. Perez de la Mesa, Mark A. Pompa, John E. Stokely and David G. Whalen to serve as directors for the ensuing year.<\/p>\n

At the Annual Meeting of Stockholders, stockholders also:<\/p>\n