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Smith & Wesson Brands (SWBI) Announces $50M Share Buyback

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Smith & Wesson Board of Directors Authorizes $50 Million Stock Repurchase Plan

December 16, 2020 4:05 PM EST

SPRINGFIELD, Mass., Dec. 16, 2020 /PRNewswire/ -- Smith & Wesson Brands, Inc. (NASDAQ Global Select Market: SWBI), a 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 December 14, 2021. 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... More