SWBI Buyback

Smith & Wesson Brands, Inc. Buyback

OLI recorded this information on 9/20/2023

Company:

Smith & Wesson Brands, Inc.

Buyback:

SWBI buyback

$Amount Authorized:

$50,000,000

Buyback Details:

Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced that its Board of Directors has authorized the repurchase of up to $50 million of the company's common stock through September 19, 2024. The amount and timing of any repurchases will depend on a number of factors, including price, trading volume, general market conditions, legal requirements, and other factors. The repurchases may be made on the open market, in block trades, or in privately negotiated transactions. Any shares of common stock repurchased under the program will be considered issued but not outstanding shares of the company's common stock.

Smith & Wesson Brands is a manufacturer and designer of firearms. Co. manufactures an array of handguns, long guns, handcuffs, firearm suppressors, and other firearm-related products for sale to a variety of customers, including firearm enthusiasts, collectors, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the U.S. and throughout the world. Co. sells its products under the Smith & Wesson, M&P, and Gemtech brands. Co. also sells its manufacturing services to other businesses to attempt to level-load its factories. Co. sells those services under its Smith & Wesson and Smith & Wesson Precision Components brands.

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SWBI — Key Stats (updated 11 hours, 13 minutes ago)

Company Name:	Smith & Wesson Brands Inc
Stock buyback:	SWBI buyback
Website:	www.smith-wesson.com
Sector:	Consumer Goods
Number of ETFs Holding SWBI:	29
Total Market Value Held by ETFs:	$100.77M
Total Market Capitalization:	$755.00M
% of Market Cap. Held by ETFs:	13.35%

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Smith & Wesson Brands, Inc. Buyback

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