09:01 AM EST, 03/04/2026 (MT Newswires) -- MarineMax ( HZO ) said Wednesday its board has approved an up to $100 million share repurchase plan, effective through March 2028.

The company said the new authorization replaces an earlier share buyback plan of up to $100 million, which was set to expire this month.

MarineMax ( HZO ) said that the new plan allows the purchase of common stock from time to time in the open market or in privately negotiated block transactions.

Shares of the company were up 2.6% in recent Wednesday premarket activity.