American Outdoor Brands authorizes $10M share repurchase; prior program repurchased 5.6% of shares

American Outdoor Brands, Inc.

Board authorized $10M share repurchase program from Oct 2, 2023 through Sep 30, 2024.
Prior $10M program expired Sep 29, 2023; repurchased ~752K shares (5.6% outstanding) at avg $9.05/share.
Company cites strong, debt-free balance sheet and commitment to returning capital to stockholders.
Repurchases may occur via open market, block trades, or private transactions at management's discretion.
Program does not obligate any specific number of repurchases and may be discontinued at any time.

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