other material
confidence high
sentiment positive
materiality 0.75
Build-A-Bear authorizes $100M share repurchase, declares $0.20 dividend
BUILD-A-BEAR WORKSHOP INC
- Board terminated prior $50M program (used $44M for 1.9M shares at avg $23.05) and approved new $100M authorization.
- New program allows open-market, private, or 10b5-1 purchases through September 30, 2028.
- Quarterly dividend of $0.20 per share payable October 10, 2024, to holders of record September 26, 2024.
- Since 2021, company has returned over $115M to shareholders via buybacks and dividends.
- Repurchased shares will be retired; program can be modified or suspended at any time.