MarineMax (NYSE: HZO) approves $100 million buyback through 2028

Rhea-AI Filing Summary

MarineMax, Inc. announced that its Board of Directors has approved a new stock repurchase plan authorizing the company to buy back up to $100 million of its common stock from now through March 2028. This new authorization replaces a March 2024 plan that also allowed up to $100 million of repurchases through March 2026, under which approximately 1.4 million shares had been repurchased as of March 3, 2026. The company may repurchase shares in open-market trades or privately negotiated block transactions, primarily to offset dilution from restricted stock and for general corporate purposes. As of March 3, 2026, MarineMax had 22,027,414 shares of common stock outstanding.

Insights

Equity Capital Allocation Analyst

MarineMax renews a sizable $100 million buyback mainly to offset equity dilution.

MarineMax has authorized a new stock repurchase plan of up to $100 million through March 2028, replacing a prior program of the same size that ran through March 2026. Under the prior plan, the company had repurchased about 1.4 million shares by March 3, 2026.

The stated intent is to mitigate dilution from restricted stock, with repurchased shares potentially reserved for reissue under employee benefit plans and other corporate uses. Repurchases can occur via open-market purchases or privately negotiated block transactions, depending on stock price, market conditions, alternative investments, and cash availability.

With 22,027,414 shares outstanding as of March 3, 2026, the economic impact will depend on how much of the authorization is ultimately used and at what prices. Actual execution details will emerge over time through future disclosures.

false000105706000010570602026-03-042026-03-04

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 04, 2026

MarineMax, Inc.

(Exact name of Registrant as Specified in Its Charter)

Florida			1-14173	59-3496957
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
501 Brooker Creek Boulevard
Oldsmar, Florida				34677
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 727 531-1700

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $.001 per share		HZO		The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On March 4, 2026, the Company issued a press release announcing a new stock repurchase program. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press release of MarineMax, Inc., dated March 4, 2026.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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 thereunto duly authorized.

			MarineMax, Inc.
Date:	March 4, 2026	By:	/s/ Michael H. McLamb
			Name: Michael H. McLamb Title: Executive Vice President, Chief Financial Officer and Secretary

Exhibit 99.1

MarineMax Announces New Stock Repurchase Plan

OLDSMAR, Florida, March 4, 2026 – MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that its Board of Directors has approved a new stock repurchase plan. Under the new plan, the Company is authorized to repurchase up to $100 million of its common stock beginning today through March 2028. This plan replaces the March 2024 Plan (the “2024 Plan”), which authorized MarineMax to purchase up to $100 million of its common stock through March 2026. Approximately 1.4 million shares of the Company’s common stock had been repurchased under the 2024 Plan as of March 3, 2026.

The new plan allows MarineMax to purchase common stock from time to time in the open market or in privately negotiated block purchase transactions. The Company intends to repurchase shares to mitigate the dilutive effect of restricted stock, and shares repurchased may be reserved for later reissue in connection with employee benefit plans and other general corporate purposes. The number of shares purchased and the timing of any purchases is based upon a number of factors, including the price and availability of the Company’s stock, general market conditions, the nature of other investment opportunities available to the Company from time to time, and the availability of cash.

As of March 3, 2026, the Company had 22,027,414 shares of common stock outstanding.

About MarineMax

As the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, MarineMax (NYSE: HZO) is United by Water. We have over 120 locations worldwide, including over 70 dealerships and over 65 marina and storage facilities. Our integrated business includes IGY Marinas, which operates luxury marinas in yachting and sport fishing destinations around the world; Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies; Cruisers Yachts, one of the world’s premier manufacturers of premium sport yachts, motor yachts, and Aviara luxury dayboats; and Intrepid Powerboats, a premier manufacturer of powerboats. To enhance and simplify the customer experience, we provide financing and insurance services as well as leading digital technology products that connect boaters to a network of preferred marinas, dealers, and marine professionals through Boatyard and Boatzon. In addition, we operate MarineMax Vacations in Tortola, British Virgin Islands, which offers our charter vacation guests the luxury boating adventures of a lifetime. Land comprises 29% of the earth’s surface. We’re focused on the other 71%. Learn more at www.marinemax.com.

Forward Looking Statement

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events, and may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words, or other similar terms or expressions that concern the Company’s expectations, strategy, plans, or intentions. These statements, including those relating to the Company’s potential repurchases of its common stock and the means by which such repurchases are made, are based on current expectations, forecasts, risks, uncertainties, and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions, and uncertainties include the timing of and potential outcome of the Company’s long-term strategy, the estimated impact resulting from the Company’s cost-reduction initiatives, the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, general economic conditions, as well as those within the Company's industry, the level of consumer spending, and numerous other factors identified in the Company’s most recently filed Forms 10-K and 10-Q and other filings with the Securities and Exchange Commission. The forward-looking statements speak only as of the date of this press release and undue reliance should not be placed on these statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Michael H. McLamb

Chief Financial Officer

727-531-1700

Scott Solomon

Senior Vice President

Sharon Merrill Advisors

857-383-2409

HZO@investorrelations.com

FAQ

What did MarineMax (HZO) announce regarding its stock repurchase plan?

MarineMax announced a new stock repurchase plan authorizing buybacks of up to $100 million of its common stock through March 2028. This plan replaces the prior March 2024 authorization, which also allowed up to $100 million in repurchases through March 2026.

How does MarineMax’s new buyback plan compare to its 2024 plan?

The new MarineMax plan authorizes up to $100 million in repurchases through March 2028, matching the size of the March 2024 plan. The earlier plan also authorized $100 million and was scheduled to run through March 2026 before being replaced.

How many MarineMax (HZO) shares have been repurchased under the 2024 plan?

MarineMax reports that approximately 1.4 million shares of its common stock had been repurchased under the March 2024 plan as of March 3, 2026. That earlier authorization allowed up to $100 million of repurchases before being superseded by the new plan.

What is MarineMax’s stated purpose for its new share repurchases?

MarineMax states it intends to repurchase shares primarily to mitigate the dilutive effect of restricted stock. Repurchased shares may be reserved for later reissue under employee benefit plans and for other general corporate purposes, depending on future needs.

How many MarineMax (HZO) shares are currently outstanding?

MarineMax reports having 22,027,414 shares of common stock outstanding as of March 3, 2026. This figure provides context for the potential scale of the new $100 million stock repurchase authorization announced by the company.

How will MarineMax execute its $100 million stock repurchase plan?

MarineMax may repurchase its common stock in the open market or through privately negotiated block purchase transactions. The company notes that volume and timing will depend on share price, market conditions, other investment opportunities, and the availability of cash.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 13.0 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 23.3 KB