American Outdoor Brands Board of Directors Approves $10 Million Share Repurchase Program
Rhea-AI Summary
American Outdoor Brands (NASDAQ: AOUT) announced that its Board approved a $10 million share repurchase program effective Oct 1, 2025 through Sep 30, 2026. The program follows a prior 2024 authorization under which the Company repurchased 581,968 shares at an average price of $10.30 per share, totaling roughly $6.0 million as of Sept 30, 2025. Repurchases may occur on the open market, in block trades, or via negotiated transactions; timing and amounts are at management's discretion. The company highlights a debt-free balance sheet and continued focus on disciplined capital deployment.
Positive
- Board approved $10.0M repurchase program (Oct 1, 2025–Sep 30, 2026)
- Prior program repurchased 581,968 shares for ~$6.0M
- Average repurchase price under prior program: $10.30
- Company reports a debt-free balance sheet
Negative
- Repurchases are discretionary with no minimum share commitment
- Program may be discontinued at any time at company discretion
News Market Reaction – AOUT
On the day this news was published, AOUT declined 0.71%, reflecting a mild negative market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $806K from the company's valuation, bringing the market cap to $113M at that time.
Data tracked by StockTitan Argus on the day of publication.
The program follows the Company's prior share repurchase program, which authorized the Company to repurchase up to
President and Chief Executive Officer, Brian Murphy, said, "Today's announcement underscores our board's confidence in the strength of our business and our ongoing focus on creating long-term value for stockholders. With our solid, debt-free balance sheet, we remain committed to disciplined capital deployment—investing to drive growth both organically and through selective, accretive acquisitions—while also maintaining our dedication to returning capital to our stockholders."
The shares may be repurchased from time to time on the open market, in block trades, or in privately negotiated transactions. The amount and timing of any shares repurchased under the program will be determined at the discretion of management and will depend on a number of factors, including the market price of the Company's stock, trading volume, general market and economic conditions, the Company's capital position, legal requirements, and other factors. The repurchase program does not obligate the Company to acquire any particular number of shares, and the repurchase program may be discontinued at any time at the Company's discretion.
Statement Regarding Forward-Looking Information
The statements contained in this release that are not historical are forward-looking statements within the meaning of the
About American Outdoor Brands, Inc.
American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT) is an innovation company that provides product solutions for outdoor enthusiasts, including hunting, fishing, camping, shooting, meat processing, outdoor cooking, personal security, and personal defense products. The Company produces innovative, high-quality products under brands including BOG®; BUBBA®;
Contact: Liz Sharp, VP, Investor Relations
lsharp@aob.com
(573) 303-4620
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SOURCE American Outdoor Brands, Inc.