Announcement
American Outdoor Brands Inc (NASDAQ:AOUT) disclosed that its Board of Directors has authorized a new share repurchase program valued at $10 million. The program is scheduled to commence on 1 October 2026 and will remain in effect until 30 September 2027.
Prior Program Details
The company previously launched a $10 million buyback in 2025. By 30 September 2026, it had repurchased 236,907 shares at an average price of $8.15 per share, amounting to approximately $1.9 million.
Management Commentary
President and Chief Executive Officer Brian Murphy stated that the authorization reflects the board’s continued confidence in the company’s strategy and long‑term opportunities. He highlighted that the firm’s debt‑free balance sheet provides flexibility to invest in innovation, pursue selective acquisitions, and return capital to shareholders through opportunistic repurchases.
Repurchase Mechanics
Shares may be bought back on the open market, through block trades, or via privately negotiated transactions. The timing and volume of any repurchases will be at management’s discretion, considering factors such as market price, trading volume, overall market conditions, the company’s capital position and applicable legal requirements. The program does not obligate the company to purchase a specific number of shares and can be terminated at any time.
Business Overview
American Outdoor Brands manufactures outdoor products under brands including BOG, BUBBA, Caldwell, Crimson Trace and Frankford Arsenal.