Ascent Industries authorizes new 2.0M-share buyback; adopts 10b5-1 plan

ASCENT INDUSTRIES CO.

Board authorized repurchase of up to 2.0M shares over 24 months ending Dec 16, 2027.
Prior authorization (Feb 2025) nearly 75% utilized; company repurchased 7.2% of shares outstanding through Q3 2025.
As of Dec 17, 2025, shares outstanding were 9.38M; new program represents ~21% of float.
Rule 10b5-1 trading plan effective Dec 19, 2025 through Mar 4, 2026, with daily price-target execution.
CEO states conviction that current valuation does not reflect the business's earnings power.

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