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AMMO, Inc. Buyback

OLI recorded this information on 3/28/2023

Company: AMMO, Inc.
Buyback: POWW buyback
$Amount Authorized: $30,000,000
Buyback Details: AMMO, Inc. (Nasdaq: POWW, POWWP) ("AMMO" or the "Company"), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, announces today that its Board of Directors approved an extension of the Company's share repurchase program for up to $30 million of its outstanding common stock until February 2024.

AMMO is a conglomerate in the shooting sports industry. Co. operates its business within two operating segments: Ammunition, which consists of Co.'s manufacturing business; and Marketplace, which consists of the GunBroker.com Ecommerce marketplace. The Ammunition segment engages in the design, production and marketing of ammunition, ammunition component and related products. Co. manufactures small arms ammunition and their components. GunBroker.com is an online marketplace focused on firearms, hunting, shooting and related products. In its role as an auction site, GunBroker.com supports the lawful sale of firearms, ammunition and hunting/shooting accessories.

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Preferred: POWWP


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Company Name:  AMMO Inc
Stock buyback:  POWW buyback
Website:  www.ammoinc.com
Sector:  Consumer Goods
Number of ETFs Holding POWW:  16
Total Market Value Held by ETFs:  $20.26M
Total Market Capitalization:  $286.00M
% of Market Cap. Held by ETFs:  7.08%
 

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May 12, 2024    10:02 PM Eastern
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