Comfort Systems USA Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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| ITEM 8.01 | Other Events |
Attached and incorporated herein by reference as Exhibit 99.1 is a copy of a press release of the Company dated August 13, 2024 announcing that the Company’s Board of Directors has approved an amendment to the Company’s stock repurchase program to increase the shares authorized and remaining as available to purchase back up to 1,000,000 shares by authorizing the Company to acquire up to 411,426 additional shares of its outstanding common stock. The Company’s existing stock repurchase program had previously authorized the repurchase of up to 10,944,125 shares of the Company’s outstanding common stock.
Through August 7, 2024, the Company repurchased 10,355,551 shares of the Company’s common stock at an aggregate price of $299,559,997 (exclusive of excise tax). This extension of the stock repurchase program will “top off” the plan and permit the Company to repurchase up to an additional 1,000,000 shares of its currently outstanding common stock beyond what had already been purchased as of August 7, 2024.
The share repurchases will be made from time to time at the Company’s discretion in the open market or privately negotiated transactions as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. The Company expects that the share repurchases will be financed with available cash. The Company’s Board of Directors may modify, suspend, extend or terminate the program at any time.
| ITEM 9.01 | Financial Statements and Exhibits |
(d) The following Exhibits are included herein:
Exhibit 99.1 Press Release of Comfort Systems USA, Inc., dated August 13, 2024, announcing that the Company’s Board of Directors has approved an amended stock repurchase program.
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EXHIBIT INDEX
| Exhibit Number |
Exhibit Title or Description | |
| 99.1 | Press Release of Comfort Systems USA, Inc., dated August 13, 2024, announcing that the Company’s Board of Directors has approved an amended stock repurchase program. | |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COMFORT SYSTEMS USA, INC. | ||
| By: | /s/ Laura F. Howell | |
|
Laura F. Howell, Senior Vice President and General Counsel |
Date: August 13, 2024
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