Ollie's approves additional $500M stock buyback
The authorization has no expiration date, but Ollie’s is not required to repurchase shares and may suspend, modify or discontinue the program.
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Form Type
8-K
Rhea-AI Filing Summary
Ollie’s Bargain Outlet Holdings, Inc. (OLLI) announced that its board unanimously approved an additional $500 million authorization to repurchase the company’s outstanding common stock. Including its existing authorization, Ollie’s reported approximately $561 million in aggregate share repurchase capacity.
Since starting its repurchase program in 2019, the company says it has returned approximately $679 million through repurchases while continuing to invest in new stores, supply chain capacity and strategic growth initiatives. President and Chief Executive Officer Eric van der Valk said the authorization reflects the company’s confidence in its growth opportunity and financial position.
As of August 1, 2026, Ollie’s operated 686 stores in 36 states. The company describes itself as an off-price retailer whose stores offer prices up to 70% below traditional retailers.
Filing Explained
The new program is authority, not a purchase commitment: Ollie’s is not required to buy shares, has set no expiration date, and may suspend, modify or discontinue it at any time.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Additional share repurchase authorization: $500 million
Aggregate share repurchase capacity: Approximately $561 million
Returned through share repurchases: Approximately $679 million
+3 more
6 metrics
Additional share repurchase authorization
$500 million
Approved by the board
Aggregate share repurchase capacity
Approximately $561 million
Includes the existing authorization
Returned through share repurchases
Approximately $679 million
Since the program began in 2019
Stores
686 stores
As of August 1, 2026
States
36 states
As of August 1, 2026
Prices below traditional retailers
Up to 70%
Company description of store prices
Key Terms
share repurchase authorization, aggregate share repurchase capacity, Rule 10b5-1 trading plans
3 terms
Rule 10b5-1 trading plans regulatory
"privately negotiated transactions, Rule 10b5-1 trading plans"
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How may Ollie’s make repurchases under the authorization?
The company may use open-market transactions at current market prices at the time of purchase, privately negotiated transactions, Rule 10b5-1 trading plans or other permissible means, all at its discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report: October 12, 2026
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
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| (Commission File Number) | (IRS Employer Identification No.) | |
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| (Address of principal executive offices) | (Zip Code) |
(717 ) 657-2300
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of each exchange on which registered |
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Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐.
Item 8.01
Other Events.
On October 13, 2026, the Company announced that its Board of Directors has approved a new $500 million share repurchase program, authorizing the Company to repurchase its common stock. Under the share repurchase program, the Company may repurchase shares in the open market at current market prices at the time of purchase or in privately negotiated transactions. The timing and actual number of shares repurchased under the program will depend on a variety of factors, including price, corporate and regulatory requirements, and other business and market conditions, and the Company may suspend or discontinue the share repurchase program at any time, and may thereafter reinstitute purchases, all without prior announcement. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits.
| (d) Exhibits. The following exhibits are filed with this report: | |||
| Exhibit No. | Description | ||
| 99.1 | Press Release issued on October 13, 2026 of Ollie’s Bargain Outlet Holdings, Inc. | ||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | ||
Forward-Looking Statements
This Current Report on Form 8-K, including Exhibits 99.1, contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, capital market conditions, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements made by the Company in this press release speak only as of the date on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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.
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OLLIE’S BARGAIN OUTLET HOLDINGS, INC.
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By:
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/s/ Jared Shure
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Name:
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Jared Shure
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Title:
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Senior Vice President, General Counsel and Corporate Secretary
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Date: October 13, 2026
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EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Press Release issued on October 13, 2026 of Ollie’s Bargain Outlet Holdings, Inc.
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104
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Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
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1
Exhibit 99.1
Ollie’s Bargain Outlet Holdings, Inc. Announces
$500 Million Share Repurchase Authorization
HARRISBURG, PA – October 13, 2026 – Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that its Board of Directors has unanimously approved a new share repurchase authorization for the repurchase of an additional $500 million of the Company’s outstanding common stock. Including the Company’s existing share repurchase authorization, the Company now has approximately $561 million of aggregate share repurchase capacity.
“This new authorization underscores our conviction in the substantial long-term growth opportunity ahead. It also demonstrates our confidence in the durability of Ollie’s business model, our ability to generate substantial cash flow over time, and in the strength of our financial position,” said Eric van der Valk, President and Chief Executive Officer. “We remain committed to our capital allocation priorities, including investing in new stores, strengthening the capabilities and infrastructure to support our growth, maintaining financial flexibility, and returning excess capital to shareholders through disciplined share repurchases. We believe this authorization reflects our confidence in the future of our business with our focus on creating long-term shareholder value.”
Since initiating its share repurchase program in 2019, the Company has returned approximately $679 million to shareholders through share repurchases while continuing to invest in new stores, supply chain capacity, and its strategic growth initiatives.
This new authorization has no expiration date and provides the Company with flexibility to execute repurchases over time, either through open market transactions, privately negotiated transactions, Rule 10b5-1 trading plans, or other permissible means, all at the Company’s discretion. The share repurchase program does not obligate the Company to repurchase any common stock and the program may be suspended, modified, or discontinued at any time.
About Ollie’s
Ollie’s is a leading off-price retailer of brand-name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains!® in a treasure hunt environment at prices up to 70% below traditional retailers. As of August 1, 2026, we operated 686 stores in 36 states and growing! For more information, visit www.ollies.com.
Forward-Looking Statements
Statements in this press release may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, capital market conditions, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements made by the Company in this press release speak only as of the date on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Investor Contact
John Rouleau
Managing Director, Corporate Communication & Business Development
JRouleau@ollies.us
Media Contact
Tom Kuypers
Senior Vice President, Marketing
tkuypers@ollies.us
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