MarineMax (NYSE: HZO - Get Free Report) announced that its board has approved a stock buyback plan on Wednesday, March 4th, RTT News reports. The company plans to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to repurchase up to 15.3% of its shares through open market purchases. Shares buyback plans
OLDSMAR, Fla.--(BUSINESS WIRE)--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 Mari.
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that its IGY Marinas subsidiary has renewed its management and marketing agreement for St. Katharine Docks Marina in London, England. Described as a nautical enclave in the middle of one of the world's greatest cities, St. Katharine Docks Marina offers charm 200 years in its making. Situated approximately 40 nauti.
Encouraged by MarineMax's Recent Actions to Engage in an Apparent Strategic Review Following Donerail's All-Cash Proposal to Acquire the Company for $35.00 Per Share
Private equity firms including Blackstone and Centerbridge Partners, strategic investors and wealthy individuals have expressed interest in buying recreational yacht retailer MarineMax or pieces of it, three sources familiar with the matter told Reuters.
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today issued the following statement in response to the recent public letter to shareholders from The Donerail Group, Inc. (together with its affiliates, “Donerail”): MarineMax's Board of Directors (the “Board”) is committed to driving value for all shareholders and other stakeholders and regularly.
LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- The Donerail Group (“Donerail”), one of the largest shareholders of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), beneficially owning over 4% of MarineMax's outstanding shares, today issued an open letter to the Company's shareholders reiterating its (i) intent to vote AGAINST the election of CEO Brett McGill as a Director at the Company's upcoming 2026 Annual Meeting scheduled to be held on March 3, 2026 (the “Annual Meeting”), (ii) call for other shareholders to join in voting AGAINST the election of CEO Brett McGill as a Director at the Annual Meeting, and (iii) desire to immediately pursue its previously stated $35 per share all cash proposal to acquire the Company, subject to confirmatory due diligence.
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Fraser Yachts (“Fraser”), a leading global superyacht brokerage and services company and a wholly owned subsidiary of MarineMax, Inc. (NYSE: HZO) (“MarineMax”), today announced a strong start to 2026, completing 12 superyacht sales in just 12 days during January. The transactions included a balanced mix of brokerage and new‑build activity involving some of the industry's most established shipyards, including Lürssen, Feadship, Abeking & Rasmussen, and.
NEW YORK--(BUSINESS WIRE)--Levin Capital Strategies (“Levin Capital” or the “Firm”), a top 10 shareholder of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), today announced it is calling on the Company's Board of Directors (the “Board”) to initiate an immediate review of strategic alternatives following its prior failures to capitalize on credible acquisition offers. Levin Capital believes the Board is obligated to rigorously explore all available paths to maximizing shareholder val.
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today issued the following statement in response to the recent public letter to shareholders from The Donerail Group, Inc. (together with its affiliates, “Donerail”): MarineMax's Constructive Engagement with Donerail MarineMax maintains an active and ongoing dialogue with many of its shareholders, i.
Calls Out Board Entrenchment, Nepotism, and Obstruction of Shareholder Engagement Urges Shareholders to Vote AGAINST CEO Brett McGill as a Director at Company's Upcoming Annual Meeting Reaffirms $35.00 per Share All-Cash Proposal as a Path to Providing Immediate Shareholder Value at Significant Premium LOS ANGELES, Feb. 09, 2026 (GLOBE NEWSWIRE) -- The Donerail Group (“Donerail”), one of the largest shareholders of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), beneficially owning over 4% of MarineMax's outstanding shares, today issued an open letter to the Company's shareholders further discussing its $35.00 all-cash offer to acquire the Company, its recent engagement with the Company, and its intention to vote AGAINST the election of CEO Brett McGill as a Director at the Company's upcoming 2026 Annual Meeting scheduled to be held on March 3, 2026. The full text of the letter follows: February 9, 2026 Dear Fellow MarineMax Shareholders - The Donerail Group (together with its affiliates, “Donerail” or “we”) is one of MarineMax, Inc.'s (“MarineMax” or the “Company”) largest shareholders, beneficially owning over 4% of the Company's outstanding shares.
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today confirmed that it has received an unsolicited, non-binding indication of interest from The Donerail Group (“Donerail”) to acquire all of the Company's outstanding common shares for $35.00 per share in cash. MarineMax's Board of Directors (the “Board”) remains focused on creating value for shar.
Activist investor Donerail Group said on Tuesday it had submitted a non-binding indicative proposal to acquire MarineMax at $35 per share, in an all-cash deal that would value the superyacht service company at $1.1 billion.
Acquisition Would Offer MarineMax Shareholders Immediate Value at a Meaningful Premium Acquisition Would Offer MarineMax Shareholders Immediate Value at a Meaningful Premium
Donerail Group has offered to buy MarineMax for $35 per share in an all-cash deal that would value the superyacht service company at just over $1 billion, three sources familiar with the matter told Reuters.
Acuitas Investments LLC lessened its holdings in shares of MarineMax, Inc. (NYSE: HZO) by 81.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,897 shares of the specialty retailer's stock after selling 85,384 shares during the quarter. Acuitas
MarineMax, Inc. (HZO) Q1 2026 Earnings Call Transcript
MarineMax (HZO) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.17 per share a year ago.
OLDSMAR, Fla.--(BUSINESS WIRE)--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 results for its fiscal 2026 first quarter ended December 31, 2025. Fiscal 2026 First Quarter Summary Revenue of $505.2 million Same-store sales increased over 10% Gross profit margin of 31.8% Inventories at quarter end decreased $167.3 million from the prior year Reported net loss of.
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, plans to release its first quarter fiscal 2026 financial results before the opening of the New York Stock Exchange on Thursday, January 29, 2026. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Fin.