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WATSCO INC
Albert H. Nahmad of Watsco, Inc. filed a Form 4 report regarding a change in beneficial ownership of securities as of October 15, 2026. This filing documents standard insider transaction activity concerning the company's equity.…more
WATSCO INC
Watsco, Inc. completed its acquisition of Granite Group Holdings on October 9, 2026. As part of the $505 million total consideration, the company issued 338,176 shares of common stock, representing 20% of the purchase price. This merger integrates a distributor of plumbing and HVAC products with approximately $500 million in annual sales across seven states in the Northeast.…more
WATSCO INC
Watsco, Inc. has filed a registration statement for the resale of 338,176 shares of common stock issued in connection with a merger agreement dated September 12, 2026. This filing includes a legal opinion confirming that the shares have been duly authorized and validly issued.…more
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Watsco Secures $750 Million Unsecured Credit Facility
Watsco has entered into a $750 million unsecured senior revolving credit facility with a syndicate of banks led by Bank of America. The proceeds will be used to refinance existing debt and support general corporate purposes, including working capital and future acquisitions.…more
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Watsco has finalized the acquisition of The Granite Group, a plumbing and HVAC distributor with $500 million in annual revenue, to expand its presence in the Northeast. This move aligns with Watsco's ongoing buy-and-build strategy to strengthen its market position in the plumbing sector.…more
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Watsco has scheduled its third quarter 2026 earnings conference call for October 27, 2026, at 10:00 a.m. EDT. The financial results will be released prior to the market opening on the same day.…more
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