#share repurchase #South Africa #Cape Town #Leatt Corporation #Protective Equipment

Leatt Corporation's New Share Repurchase Program

Cape Town, South Africa – May 13, 2026 – Leatt Corporation (OTCQB: LEAT), renowned for developing comprehensive protective gear tailored for extreme sports such as motocross and mountain biking, has officially launched a new share repurchase program. The company's Board of Directors has sanctioned this initiative as part of its ongoing efforts to bolster shareholder value and confidence in the business's future.

The newly authorized plan allows for the repurchase of shares valued up to $419,410, which represents the unspent balance from a previous program allowing for a total of $750,000 in buybacks. Sean Macdonald, CEO of Leatt Corporation, expressed optimism regarding this initiative, remarking, "The Board's approval of this repurchase reflects our unwavering confidence in our corporate strategy and the operational strength of the company. Our objective is to amplify long-term shareholder value through prudent capital management."

Understanding the Repurchase Program

The share repurchase will be conducted opportunistically and at the discretion of the Board through open-market transactions, adhering to all applicable securities regulations. This program is set to expire on December 31, 2026, although it can be suspended or terminated earlier if needed. It's essential to note that the timing and quantity of shares repurchased may vary and will be influenced by market conditions.

A Closer Look at Leatt's Commitment

Leatt Corporation's ethos, rooted in the science of thrill, drives its commitment to developing first-rate personal protective gear. This encompasses their acclaimed product, the Leatt-Brace®, which has set the benchmark for neck protection when combined with a helmet. Leatt’s innovations cater to athletes engaged in a variety of extreme sports using motorcycles, bicycles, and all-terrain vehicles, emphasizing safety in high-velocity environments.

The decision to repurchase shares showcases the Board’s commitment to shareholders and their belief in the brand’s future potential. The protective equipment industry, especially among extreme sports enthusiasts, is burgeoning, with increasing demand for reliable and safety-oriented products. Leatt’s proactive approach signals its strategic intent to remain a leader in this competitive space.

Looking Forward

As Leatt Corporation embarks on executing this share repurchase program, observers in the financial markets will be keenly watching the performance metrics and investor sentiment that arise from these decisions. While specific future predictions remain speculative, the company’s established reputation and continued dedication to innovation suggest a robust path ahead.

About Leatt

Established as a formidable entity in the safety gear industry, Leatt Corporation focuses heavily on developing protective equipment for extreme sports. The company not only prioritizes safety but also continuously integrates advanced technology and feedback from athletes into their product lineup. For further information, or to browse their extensive range of products, visit www.leatt.com. Connect with Leatt on social media platforms like Facebook, Twitter, and Instagram for the latest updates.

Conclusion

In summary, Leatt Corporation’s share repurchase program stands as a testament to its ongoing commitment to genuine stakeholder value while reinforcing its brand position in the high-stakes world of extreme sports. With a clear strategy in place, the company endeavors to enhance both its financial performance and its reputation as a top-tier manufacturer of protective gear.