American Outdoor Brands, Inc. (NASDAQ: AOUT) announced on October 1, 2026, that its Board of Directors has approved a new program to repurchase up to $10.0 million of the company’s outstanding common stock. The repurchase authorization is effective immediately and will remain in effect through September 30, 2027.
The company stated that the specific amount and timing of any repurchases will be determined at management's discretion. Factors influencing these decisions include the market price of the stock, trading volume, general market conditions, the company's capital position, and legal requirements. Repurchases may be executed through open market transactions, block trades, or privately negotiated deals.
The announcement references the company's previous share repurchase program, which was initiated in 2025. As of September 30, 2026, that prior program resulted in the repurchase of 236,907 shares at an average price of $8.15 per share, representing approximately $1.9 million in aggregate value.
President and Chief Executive Officer Brian Murphy commented on the announcement, noting that the move reflects the board’s continued confidence in the company's strategy and long-term opportunities. Murphy highlighted that the company maintains a strong, debt-free balance sheet, which provides flexibility to invest in innovation, pursue acquisitions, and return capital to shareholders.
