other
confidence high
sentiment positive
materiality 0.55
OneWater Marine authorizes $50M share repurchase program
OneWater Marine Inc.
- Board approved repurchase of up to $50M of Class A common stock; first such program since IPO.
- Repurchases may be made in open market or private transactions at prevailing market prices.
- Program does not obligate any repurchases; timing depends on market conditions and contractual limits.
- Execution will begin only after release of fiscal 2022 second-quarter financial results.
- For each share repurchased, OneWater LLC will redeem one common unit held by the Company.