other material
confidence high
sentiment positive
materiality 0.60
Smith & Wesson board authorizes $50M stock repurchase program through Sept 2024
SMITH & WESSON BRANDS, INC.
- Board authorized up to $50 million in share repurchases through September 19, 2024.
- Repurchases may be made on open market, block trades, or privately negotiated transactions.
- CEO Mark Smith cites completion of Tennessee move as reason to return excess capital to shareholders.
- Shares repurchased will be considered issued but not outstanding.