Pool Corporation Announces Increase in Share Repurchase Program, Growth of Quarterly Dividend and Results of 2026 Annual Meeting of Stockholders

Pool Corporation (Nasdaq: POOL) increased its share repurchase program to $600.0 million, adding $329.0 million to the $271.0 million previously available as of April 28, 2026.

Rhea-AI Summary

Pool Corporation (Nasdaq: POOL) increased its share repurchase program to $600.0 million, adding $329.0 million to the $271.0 million previously available as of April 28, 2026. The Board declared a quarterly cash dividend of $1.30 per share, a 4% increase, payable May 28, 2026 (record date May 14, 2026). As of April 28, 2026, there were 36,443,003 shares outstanding. At the April 29, 2026 annual meeting, shareholders elected nine directors, ratified Ernst & Young LLP as auditor for fiscal 2026, and approved executive compensation as disclosed in the proxy.

Positive

• Share repurchase program increased to $600.0 million (added $329.0 million)
• Quarterly dividend raised to $1.30 per share, a 4% increase
• Dividend payable on May 28, 2026 with record date May 14, 2026
• Annual meeting re-elected 9 directors and ratified Ernst & Young as auditor

Negative

• None.

Argus Apr 30 session

+1.77% close to close Open Argus

Details

News Market Reaction – POOL

On Apr 30, the first trading day after this news, POOL closed 1.77% above the previous close.

Data tracked by StockTitan Argus for the Apr 30 session.

Market Context

This announcement combined an enlarged $600.0 million share repurchase program with a 4% dividend in...

Analysis

This announcement combined an enlarged $600.0 million share repurchase program with a 4% dividend increase to $1.30 per share and standard annual meeting approvals. Historically, similar buyback and dividend actions for POOL led to modestly positive market reactions averaging about 0.64%. Investors may focus on how these capital returns interplay with debt used to fund repurchases, recent earnings trends, and the company’s outlook for 2026 growth and margins.

Key Figures

Share repurchase authorization: $600.0 million New authorization added: $329.0 million Existing authorization balance: $271.0 million +5 more

Share repurchase authorization

$600.0 million

Total size of updated share repurchase program

New authorization added

$329.0 million

Incremental capacity added to existing repurchase program

Existing authorization balance

$271.0 million

Remaining under prior share repurchase authorization

Quarterly dividend

$1.30 per share

New quarterly cash dividend declared for May 28, 2026 payment

Dividend increase

4%

Increase vs prior quarterly dividend of $1.25 per share

Prior quarterly dividend

$1.25 per share

Previous quarterly dividend level before current increase

Shares outstanding

36,443,003

Common shares outstanding as of April 28, 2026

Dividend payment date

May 28, 2026

Payable date to stockholders of record on May 14, 2026

Previous Buybacks,dividends Reports

2 past events · Latest: Apr 30

Same Type 2 events

1. Apr 30

   Buybacks & dividends

   24h Move

   +1.1%

   Raised buyback to $600M and boosted dividend 4% with meeting results.

2. May 01

   Buybacks & dividends

   24h Move

   +0.2%

   Increased repurchase program to $600M and raised dividend 9%.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, quarterly cash dividend, independent registered public accounting firm, Proxy Statement

4 terms

share repurchase program financial

"the Board increased the company’s share repurchase program to $600.0 million"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

quarterly cash dividend financial

"The Board also declared a quarterly cash dividend of $1.30 per share"

A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.

independent registered public accounting firm regulatory

"ratified the retention of Ernst & Young LLP as the independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

Proxy Statement regulatory

"approved the compensation of the company’s named executive officers as disclosed in the Proxy Statement"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

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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’s 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.

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.

John Stokely, Chair of the Board, commented, “The increase in POOLCORP’s 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.”

At POOLCORP’s Annual Meeting of Stockholders on April 29, 2026, stockholders elected Peter D. Arvan, Martha “Marty” S. Gervasi, James “Jim” 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.

At the Annual Meeting of Stockholders, stockholders also:

• ratified the retention of Ernst & Young LLP as the independent registered public accounting firm of the company for the 2026 fiscal year; and
• approved the compensation of the company’s named executive officers as disclosed in the Proxy Statement.

About Pool Corporation

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 455 sales centers in North America, Europe and Australia through which it distributes more than 200,000 products to roughly 125,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

Forward-Looking Statements

This news release may include “forward-looking” statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date of this release, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. Actual results may differ materially due to a variety of factors, including the sensitivity of our business to weather conditions; changes in economic conditions, consumer discretionary spending, the housing market, inflation or interest rates and other risks detailed in POOLCORP’s 2025 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC) as updated by POOLCORP's subsequent filings with the SEC.

Kristin S. Byars
Director, Investor Relations and Finance
985.801.5153
kristin.byars@poolcorp.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did POOL (Nasdaq: POOL) make to its share repurchase program on April 29, 2026?

The Board increased the repurchase authorization to $600.0 million. According to the company, this adds $329.0 million to the prior remaining authorization of $271.0 million as of April 28, 2026.

How much is Pool Corporation's new quarterly dividend and when is it payable?

Pool declared a quarterly cash dividend of $1.30 per share. According to the company, the dividend is payable on May 28, 2026 to shareholders of record on May 14, 2026.

How many shares of Pool common stock were outstanding as of April 28, 2026?

There were 36,443,003 shares outstanding as of April 28, 2026. According to the company, that count is the basis for dividend record and other shareholder calculations.

What governance items were approved at POOL's April 29, 2026 annual meeting?

Shareholders elected nine directors, ratified the appointment of Ernst & Young LLP, and approved named executive officer compensation. According to the company, these actions complete routine annual corporate governance votes.

Does the share repurchase program require the company to buy shares immediately?

No; repurchases are discretionary and made at the Board's judgment. According to the company, timing and amounts are decided by the Board and may be modified or terminated at any time.