Comfort Systems USA Amends Stock Repurchase Program

Comfort Systems USA's Board of Directors approved an amendment to increase the authorized shares under its stock repurchase program back up to 1,000,000 shares, authorizing the repurchase of up to 476,400 additional shares. The company had previously repurchased 3,875,409 shares for $43.1 million. This is a capital allocation action, not an M&A or private equity transaction.

“announcing that its Board of Directors (the “Board”) has approved an amendment to the company’s stock repurchase program to increase the shares authorized and remaining in the program back up to 1,000,000 shares by authorizing the company to acquire up to 476,400 additional shares of its outstanding common stock.”

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