CSW Industrials, Inc. Expands Share Repurchase Program Authorization to $250 Million

CSW Industrials increases share repurchase program by $50 million, reflecting confidence in business growth and cash flow.

Quiver AI Summary

CSW Industrials, Inc. has expanded its share repurchase program authorization from $200 million to $250 million, reflecting the Board's confidence in the company's business model and growth potential. Since initiating the program in 2017, CSW has repurchased around 2.3 million shares for a total of $251.6 million. Recently, approximately $98.7 million in shares have been bought back at an average price of $253.56 per share. The company aims to enhance shareholder value, having returned over $320 million through repurchases and dividends since its spin-off in 2015. The program will continue until December 31, 2026, with the option for future extensions or adjustments based on market conditions.

Potential Positives

CSW Industrials has increased its share repurchase program authorization from $200 million to $250 million, demonstrating the company's commitment to returning value to shareholders.
Since 2017, the company has repurchased approximately 2.3 million shares for $251.6 million, showcasing a consistent effort to enhance shareholder value.
The CEO's statement reflects confidence in the company's resilient business model and future growth potential, which can positively influence investor sentiment.
The ongoing repurchase program allows for flexibility in capital allocation, depending on market conditions, indicating prudent financial management.

Potential Negatives

The company’s decision to expand its share repurchase program may indicate a lack of profitable reinvestment opportunities for growth, suggesting potential stagnation in business expansion.
The high average repurchase price of $253.56 per share, especially in comparison to the previous average of $107.53, raises concerns about the valuation and effectiveness of the buyback strategy.
The ongoing share repurchase program, which could be limited or terminated at any time, introduces uncertainty regarding the company’s future capital allocation and investor confidence.

FAQ

What is the new share repurchase program authorization for CSW Industrials?

CSW Industrials' Board of Directors has expanded the share repurchase program authorization to $250 million, up from $200 million.

How many shares has CSW Industrials repurchased to date?

As of now, CSW Industrials has repurchased approximately 2.3 million shares for a total of $251.6 million since 2017.

What is the average share price of repurchased shares?

The average share price for the repurchased shares is $107.53 overall and $253.56 under the current program.

When does the current share repurchase program expire?

The current share repurchase program, including the expanded authorization, is set to expire on December 31, 2026.

Who can I contact for more information about CSW Industrials?

For more information, you can contact Alexa Huerta at 214-489-7113 or via email at [email protected].

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CSW Insider Trading Activity

$CSW insiders have traded $CSW stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.

Here’s a breakdown of recent trading of $CSW stock by insiders over the last 6 months:

DON SULLIVAN (EVP, Chief Strategy Officer) has made 0 purchases and 2 sales selling 5,203 shares for an estimated $1,548,742.
JOSEPH B ARMES (Chairman, President & CEO) has made 0 purchases and 13 sales selling 4,000 shares for an estimated $1,009,357.
JAMES E PERRY (EVP, CFO) has made 0 purchases and 2 sales selling 725 shares for an estimated $199,382.
JEFF UNDERWOOD (SVP, GM Contractor Solutions) sold 370 shares for an estimated $103,215
FANG WANG (VP, Chief Accounting Officer) sold 359 shares for an estimated $86,353
LUKE ALVERSON (SVP, GC & Secretary) sold 280 shares for an estimated $76,427
ROBERT M SWARTZ has made 0 purchases and 2 sales selling 200 shares for an estimated $50,074.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CSW Revenue

$CSW had revenues of $277M in Q2 2026. This is an increase of 21.51% from the same period in the prior year.

You can track CSW financials on Quiver Quantitative's CSW stock page.

$CSW Hedge Fund Activity

We have seen 147 institutional investors add shares of $CSW stock to their portfolio, and 188 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS added 462,795 shares (+79.4%) to their portfolio in Q3 2025, for an estimated $112,343,486
ALLIANCEBERNSTEIN L.P. removed 240,046 shares (-93.0%) from their portfolio in Q3 2025, for an estimated $58,271,166
CAPITAL RESEARCH GLOBAL INVESTORS removed 180,461 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $43,806,907
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added 172,040 shares (+inf%) to their portfolio in Q3 2025, for an estimated $41,762,710
FIRST TRUST ADVISORS LP added 166,469 shares (+126.3%) to their portfolio in Q3 2025, for an estimated $40,410,349
MORGAN STANLEY added 158,471 shares (+39.5%) to their portfolio in Q3 2025, for an estimated $38,468,835
WASATCH ADVISORS LP removed 107,330 shares (-15.2%) from their portfolio in Q3 2025, for an estimated $26,054,357

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CSW Analyst Ratings

Wall Street analysts have issued reports on $CSW in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 12/03/2025

To track analyst ratings and price targets for $CSW, check out Quiver Quantitative's $CSW forecast page.

$CSW Price Targets

Multiple analysts have issued price targets for $CSW recently. We have seen 4 analysts offer price targets for $CSW in the last 6 months, with a median target of $305.5.

Here are some recent targets:

Sam Reid from Wells Fargo set a target price of $300.0 on 12/15/2025
Andrew Kaplowitz from Citigroup set a target price of $311.0 on 12/08/2025
Tomohiko Sano from JP Morgan set a target price of $350.0 on 12/03/2025
Jamie Cook from Truist Securities set a target price of $276.0 on 10/08/2025

Full Release

DALLAS, Dec. 15, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW) today announced its Board of Directors approved the expansion of its current share repurchase program authorization to $250 million, increasing the existing $200 million authorization. Since the commencement of CSW’s share repurchase program in 2017 and to date, the Company has repurchased approximately 2.3 million shares for a total of $251.6 million, at an average share price of $107.53.

Under the current share repurchase program put in place in November of 2024, CSW Industrials has bought back approximately $98.7 million in shares at an average price of $253.56 per share, including approximately $68.9 million since October 1, 2025. CSW’s current outstanding shares are 16.5 million.

Joseph B. Armes, CSW Industrials Chairman, Chief Executive Officer, and President commented, “This expanded share repurchase authorization demonstrates the Board’s confidence in CSW’s resilient business model, future growth potential, and ability to generate strong cash flows, especially in light of the investment of approximately $1 billion in acquisition capital over the last twelve months.”

Armes continued, “Since the Company’s spin-off in 2015, we have returned over $320 million to shareholders through share repurchases and dividends, demonstrating our commitment to enhance long-term shareholder value utilizing all elements of our capital allocation strategy.”

Under the share repurchase program, shares may be repurchased daily or from time to time in the open market and in privately negotiated transactions. All repurchases will be made at the Company’s discretion, based on ongoing assessments of the business’ capital allocation priorities, the market price of its common stock and general market conditions. The expiration date for the completion of the current share repurchase program, including the expanded authorization, remains December 31, 2026; however, the program may be extended in the future, or it may be limited or terminated at any time without notice.

About CSW Industrials
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSW provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com .

Investor Relations

Alexa Huerta
Vice President Investor Relations, & Treasurer
214-489-7113
[email protected]