--- title: "MRC Global Announces $125 Mln Share Repurchase Drive" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/223911652.md" description: "MRC Global Inc. has announced a $125 million share repurchase program authorized by its Board, set to expire on January 2, 2028. CEO Rob Saltiel expressed confidence in the company's future and financial flexibility, highlighting a capital allocation strategy focused on reducing net debt leverage, returning cash to shareholders, and investing in growth. The execution of the repurchase program is expected to begin in the second quarter, with management determining the specifics of the share buyback." datetime: "2025-01-03T12:03:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/223911652.md) - [en](https://longbridge.com/en/news/223911652.md) - [zh-HK](https://longbridge.com/zh-HK/news/223911652.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/223911652.md) | [English](https://longbridge.com/en/news/223911652.md) # MRC Global Announces $125 Mln Share Repurchase Drive MRC Global Inc. (MRC), a distributor of pipe, valve, and fitting products, said on Friday that its Board has authorized a new $125 million share repurchase program, which will expire on January 2, 2028. Rob Saltiel, CEO of MRC Global, said: "Today's announcement reflects our confidence in the company's future and the financial flexibility. Our three-pronged capital allocation strategy consists of targeting a net debt leverage ratio of less than 1.5x, returning cash to shareholders, and investing in our company's future growth. We anticipate beginning the execution of the repurchase program in the second quarter." The timing, manner, number, and value of shares repurchased under this share repurchase will be determined by management at its discretion. For comments and feedback contact: editorial@rttnews.com Business News ### 相關股票 - [MRC Global (MRC.US)](https://longbridge.com/zh-HK/quote/MRC.US.md) - [Pathward Fin (CASH.US)](https://longbridge.com/zh-HK/quote/CASH.US.md) - [VanEck Long Muni ETF (MLN.US)](https://longbridge.com/zh-HK/quote/MLN.US.md) ## 相關資訊與研究 - [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/zh-HK/news/281345615.md) - [BUZZ-Rosenblatt says finding partner for Snap's smart glasses unit tough](https://longbridge.com/zh-HK/news/281357569.md) - [BUZZ-Street View: Nike's turnaround remains work in progress](https://longbridge.com/zh-HK/news/281331333.md) - [GRAPHIC-Apple's 50-year journey from garage to tech titan](https://longbridge.com/zh-HK/news/281342951.md) - [3 Best Tech Stocks Rated 'Strong Buy' for April 2026: 50%+ Upside](https://longbridge.com/zh-HK/news/281347354.md)