Core & Main Board Authorizes $500M Increase To Existing Share Repurchase Program, Bringing Total Authorization To $1B Of Its Class A Common Stock

Core & Main, Inc. (NYSE:CNM) ("Core & Main" or the "Company"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, today announced that its board of directors has authorized a $500 million increase to the Company's existing share repurchase program, bringing the total authorization to $1 billion of Core & Main's Class A Common Stock (the "Repurchase Authorization"). As of December 8, 2025, Core & Main has repurchased approximately $316 million of Class A Common Stock under the Repurchase Authorization, leaving approximately $684 million available for future repurchases.