secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ollie's Bargain Outlet Holdings, Inc. (OLLI)
CIK:        0001639300
Form:       8-K
Filed at:   2026-10-13T11:05:13+00:00
Accession:  0001140361-26-039374
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Ollie's Bargain Outlet authorizes new $500M share repurchase program
--------------------------------------------------------------------

- Board unanimously approved $500M buyback; combined with the existing authorization, total repurchase capacity is about $561M.
- New authorization has no expiration date and may be executed via open market purchases, privately negotiated deals, or Rule 10b5-1 plans.
- CEO Eric van der Valk cited confidence in cash flow generation, financial position, and long-term growth opportunity.
- Since initiating buybacks in 2019, Ollie's has returned roughly $679M to shareholders while funding new stores and supply chain capacity.
- Program may be suspended, modified, or discontinued at any time and obligates no repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036126039374/0001140361-26-039374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036126039374/ef20083658_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-039374

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer