Off The Hook Yachts Announces Share Buyback Plan
Rhea-AI Summary
Off The Hook Yachts (NYSE: OTH) on January 8, 2026 authorized a share repurchase program permitting the company to buy back up to $1.0 million of its outstanding common stock from time to time. Repurchases will be made at management's discretion and may be suspended or discontinued. The company expects to fund any repurchases from existing cash on hand and future cash flows while continuing to prioritize investments in inventory expansion, technology, and strategic real estate and operations.
Positive
- Board authorized up to $1.0 million share repurchase
- Repurchases funded from cash on hand and future cash flows
- Buyback signals management confidence in company value
Negative
- Repurchases may be suspended or discontinued at any time
- Share repurchases could compete with planned investments in growth
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 05 | Luxury sales update | Positive | +2.0% | Autograph Yacht Group reported strong Q4 2025 luxury yacht sales momentum. |
| Dec 15 | Quarterly earnings | Positive | +15.2% | Q3 2025 results showed revenue growth, higher boat sales, and positive EBITDA. |
| Dec 02 | Conference presentation | Positive | +1.4% | Company announced CEO presentation at NobleCon21 emerging growth conference. |
| Dec 01 | Tax incentive reminder | Positive | -0.9% | Reminder of 100% bonus depreciation window for qualifying boat and yacht purchases. |
| Nov 25 | New office development | Positive | +7.6% | Confirmed new Jupiter, Florida office for Autograph Yacht Group headquarters. |
Recent news and earnings have generally seen positive price alignment, with only one modest divergence on favorable tax-related news.
Over the past few months, Off The Hook Yachts reported strong growth, including Q3 2025 revenue of $24.0M and nine‑month revenue of $82.6M, up 19.3% YoY, alongside $8.4M nine‑month gross profit and $2.6M adjusted EBITDA. The company completed an IPO on Nov 14, 2025, raising $15M, and highlighted expansion with a new Jupiter, Florida office and momentum at Autograph Yacht Group. Today’s buyback authorization follows this growth and recent operational milestones.
Market Pulse Summary
This announcement introduced a $1.0M share repurchase program funded from cash and future cash flows, signaling management’s confidence after reporting $82.6M in nine‑month 2025 revenue and positive adjusted EBITDA. With the stock near its 52-week low and below the 200-day MA of $2.86, the move followed an IPO that raised $15M. Investors may watch actual buyback activity, ongoing growth investments, and future earnings updates for confirmation of this capital allocation stance.
Key Terms
common stock financial
AI-generated analysis. Not financial advice.
Wilmington, NC, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE: OTH) (“Off the Hook Yachts” or “Off the Hook” or the “Company”), America's largest buyer and seller of pre-owned boats, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to
“Today’s stock price and market capitalization do not, in management’s view, fully reflect the underlying value of our business, our cash-generation potential, or the long-term opportunity we see ahead,” said Brian John, Chief Executive Officer of Off The Hook Yachts. “We believe we are building a category-defining platform in the pre-owned boat market, powered by technology, inventory expertise, and a growing national footprint. This share repurchase authorization underscores our confidence in the Company’s strategy and our commitment to disciplined capital allocation on behalf of shareholders.”
The Company expects to fund repurchases, if any, from existing cash on hand and future cash flows. Off The Hook will continue to prioritize investments that support profitable growth, including inventory expansion, technology initiatives, and strategic real estate and operational build-outs.
Contacts
Off The Hook YS Inc.
Chad Corbin, Chief Financial Officer
chadcorbin@offthehookys.com
About Off The Hook YS Inc.
Founded in 2012, Off The Hook YS Inc., America's largest buyer and seller of pre-owned boats, is a vertically integrated marine platform transforming how a market of ~1 million used boats and yachts are bought, sold, and financed across the U.S. annually. The Company’s proprietary AI-powered systems and national acquisition model drive unmatched speed, efficiency, and transparency leading to its acquisition of more than
Contact
Investor Relations
ir@offthehookys.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Company’s expectations, intentions, plans, and the potential execution of the share repurchase program. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s filings filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update or revise any forward-looking statements, except as required under applicable law.
FAQ
What did Off The Hook Yachts (OTH) announce on January 8, 2026?
How will Off The Hook fund the OTH share repurchases?
Will Off The Hook (OTH) definitely buy back shares under the new authorization?
Does the OTH buyback affect the company's growth plans?
How large is the Off The Hook buyback relative to company capital?
