American Outdoor Brands Initiates a New $10 Million Share Repurchase Program to Boost Investor Confidence

American Outdoor Brands Announces $10 Million Share Repurchase Program

American Outdoor Brands, Inc. (NASDAQ: AOUT), a company dedicated to delivering innovative solutions for outdoor enthusiasts, revealed plans for a fresh share repurchase initiative. The initiative, recently approved by the Board of Directors, allows for the repurchase of up to $10 million of the company's common stock. The program is set to commence on October 1, 2025, and will conclude on September 30, 2026.

This announcement marks a significant move following the company's previous share repurchase program, which authorized the repurchase of a similar amount. That initiative commenced in 2024, culminating in the acquisition of 581,968 shares by September 30, 2025, at an average price of $10.30, resulting in expenditures totaling approximately $6 million.

Brian Murphy, who serves as both President and Chief Executive Officer, expressed that this new program exemplifies the board's unwavering confidence in the company’s performance and long-term strategy. He noted, "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 share repurchases will be conducted in various manners, including open market transactions, block trades, and potentially through privately negotiated deals. The decision regarding the timing and amount of shares repurchased will allow management to respond dynamically to market conditions, including stock pricing, trading volumes, and overall economic landscape. Additionally, there are no obligatory commitments to procure any specific number of shares, and the program may be curtailed at the company’s discretion at any time.

Looking Ahead

The company’s forward-looking statements highlight anticipated developments concerning its financial position and share repurchase intentions. However, these projections also carry inherent risks and uncertainties, which could result in actual outcomes diverging from the anticipated results. Factors such as stock volatility, unexpected changes in capital investment needs, and shifts in general economic or political conditions can all impact the company's performance and strategic decision-making.

Understanding American Outdoor Brands

American Outdoor Brands is known for providing a plethora of product solutions catering to outdoor enthusiasts interested in activities such as hunting, fishing, camping, and shooting, among others. Their extensive portfolio includes renowned brands such as BOG®, BUBBA®, Caldwell®, and Crimson Trace®, among others. In essence, the company maintains a robust commitment to innovation and quality, aimed at meeting the demands of their diverse customer base. For further insights into their products and brands, consumers and investors can visit www.aob.com.

As this ambitious repurchase program rolls out, stakeholders will closely monitor the company’s strategies to enhance shareholder value and support business growth in the outdoor sector.