Leatt Corp Announces Extension to the Share Repurchase Program
Prnewswire·2025-12-16 14:16

Core Viewpoint - Leatt Corporation has extended its share repurchase program by three months, allowing for the repurchase of up to $750,000 of its common stock, reflecting confidence in the company's strength and long-term value creation for shareholders [1][2]. Group 1: Share Repurchase Program - The Board of Directors authorized an extension of the share repurchase program from December 31, 2025, to March 31, 2026 [1]. - To date, the company has repurchased $249,969.49 of shares under this program [2]. - The repurchase may occur at the discretion of the Board through open-market transactions, with no assurance on timing or number of shares for future repurchases [2]. Group 2: Company Overview - Leatt Corporation specializes in developing protective gear for extreme sports, particularly focusing on mountain biking and motorsports [3]. - The company is known for its award-winning Leatt-Brace, which is recognized as a leading neck protection system when used with a helmet [3].

Leatt Corp Announces Extension to the Share Repurchase Program - Reportify