---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-238033"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T11:45:41.556054+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson board authorizes $50M stock repurchase program through Sept 2024

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-238033
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312523238033/0001193125-23-238033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312523238033/d516249d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-238033
- JSON: https://secwatch.observer/filing/0001193125-23-238033.json
- Plain text: https://secwatch.observer/filing/0001193125-23-238033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.