Ascent Industries authorizes buyback of up to 1M shares (~10% of float) over 24 months

ASCENT INDUSTRIES CO.

Board authorized repurchase of up to 1,000,000 shares (approx. 10% of 10,076,025 outstanding) over 24 months.
CEO Bryan Kitchen says shares are substantially undervalued; repurchases are a prudent capital allocation.
Purchases will be funded from available working capital; shares may be retired or held as treasury.
No guarantee of exact number; program may be suspended at management's discretion.
Program expands prior authorization and reflects management's confidence in growth and balance sheet.

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