Dividends & Buybacks ·
Ollie's Bargain Outlet authorizes $500 million share repurchase program
OLLIOllie's Bargain Outlet Holdings, Inc.
The Board of Directors has approved a new $500 million share repurchase authorization for Ollie’s Bargain Outlet Holdings, Inc. This adds to the company's existing capacity, bringing total aggregate share repurchase authority to approximately $561 million. The program allows for open market or privately negotiated purchases with no expiration date and does not obligate the company to buy any specific amount of stock. Since 2019, Ollie’s has returned roughly $679 million to shareholders through buybacks while continuing to invest in store expansion and infrastructure. Ollie's Bargain Outlet Holdings operates as an off-price retailer selling brand-name household products.