Core & Main Files 8-K

TL;DR

Core & Main filed an 8-K on 6/12/24. No major news, just a filing.

AI Summary

Core & Main, Inc. filed an 8-K on June 12, 2024, to report other events and financial statements. The filing does not contain specific transactional details or financial figures beyond the reporting date.

Why It Matters

This filing indicates a routine update or disclosure from Core & Main, Inc. to the SEC, which may contain important information for investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report without specific material events or financial disclosures that would immediately impact risk.

Key Players & Entities

• Core & Main, Inc. (company) — Registrant
• 0001856525-24-000074 (filing_id) — Accession Number
• June 12, 2024 (date) — Filing Date

FAQ

Key Financial Figures

• $0.01 — stered Class A common stock, par value $0.01 per share CNM New York Stock Exchange
• $500 million — ed a stock repurchase program for up to $500 million of the Company's Class A common stock,

Filing Documents

• cnm-20240612.htm (8-K) — 35KB
• 0001856525-24-000074.txt ( ) — 158KB
• cnm-20240612.xsd (EX-101.SCH) — 2KB
• cnm-20240612_lab.xml (EX-101.LAB) — 21KB
• cnm-20240612_pre.xml (EX-101.PRE) — 12KB
• cnm-20240612_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On June 12, 2024, Core & Main, Inc. (the "Company") announced that the Company's Board of Directors has authorized a stock repurchase program for up to $500 million of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock") (the "Repurchase Authorization"). The timing and amount of any share repurchases will be determined by the Company at its discretion based on ongoing evaluation of general market conditions, the market price of the Company's Class A Common Stock, the Company's capital needs and other factors. Under the Repurchase Authorization, share repurchases may be made through a variety of methods, which may include open market or privately negotiated transactions, including accelerated repurchase transactions, block trades or trading plans intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The Repurchase Authorization does not obligate the Company to acquire any particular amount of Class A Common Stock, and it may be amended, suspended or terminated at any time at the Company's discretion. The Company currently expects to fund the Repurchase Authorization using existing cash and cash equivalents, short-term borrowings and/or future cash flows.

Forward-Looking Statements

Forward-Looking Statements Certain statements contained in this Current Report on Form 8-K include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning the Company's financial and operating outlook, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "forecasts," "expects," "intends," "plans," "anticipates," "projects," "outlook," "believes," "estimates," "predicts," "potential," "continue," "preliminary," or the negative of these terms or other comparable terminology. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. Factors that could cause actual results and outcomes to differ from those reflected in forward-looking statements include, without limitation, declines, volatility and cyclicality in the U.S. residential and non-residential construction markets; slowdowns in municipal infrastructure spending and delays in appropriations of federal funds; the Company's ability to competitively bid for municipal contracts; price fluctuations in the Company's product costs; the Company's ability to manage its inventory effectively, including during periods of supply chain disruptions; risks involved with acquisitions and other strate

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES 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 hereunto duly authorized. Date: June 12, 2024 CORE & MAIN, INC. By: /s/ Mark G. Whittenburg Name: Mark G. Whittenburg Title: General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR