Ollie's Bargain Outlet (OLLI) Announces $300M Share Buyback

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Go back to Ollie's Bargain Outlet (OLLI) Announces $300M Share Buyback

Ollie’s Bargain Outlet Holdings, Inc. Announces New $300 Million Share Repurchase Authorization

March 19, 2025 7:32 AM EDT

HARRISBURG, Pa., March 19, 2025 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the Company) announced today that its Board of Directors has unanimously approved a new share repurchase authorization for the repurchase of an additional $300 million of the Companys outstanding common stock. This new authorization is effective through March 31, 2029. The Company may repurchase the shares in open market transactions, privately negotiated transactions, or a combination of the foregoing. Share repurchase decisions are at the Companys discretion based on market conditions, business considerations and other factors. Since Ollies enacted its... More