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Academy Sports + Outdoors Announces New $700 Million Share Repurchase Program and Quarterly Cash Dividend
ASOAcademy(ASO) GlobeNewswire News Room·2024-12-04 21:15

KATY, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Academy Sports and Outdoors, Inc. (the “Company” or “Academy”) (Nasdaq: ASO) announced today that its Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to 700millionofitsoutstandingcommonstock.Thisnewsharerepurchaseprogramreplacestheprecedingsharerepurchaseprogram,ofwhich700 million of its outstanding common stock. This new share repurchase program replaces the preceding share repurchase program, of which 423 million remained at the time this new program was approved, and is effective as of December 4, 2024, for a period of ...