Outdoor Holding Company Announces Authorization of Share Repurchase Program

Core Viewpoint - Outdoor Holding Company has authorized a discretionary share repurchase program to buy back up to $15 million of its outstanding common stock over the next twelve months, reflecting a focus on disciplined capital allocation and long-term shareholder value [1]. Share Repurchase Program - The repurchase program allows the company to buy shares through various methods, including open market purchases and privately negotiated transactions, in accordance with federal securities laws [2]. - The timing, volume, and value of repurchases will depend on market conditions, the company's liquidity, and other relevant factors, with no obligation to repurchase a specific number of shares [3]. - Funding for the repurchases will come from existing cash balances, future operating cash flows, or other legally available funds, adhering to the company's insider trading policy [4]. Company Overview - Outdoor Holding Company operates GunBroker.com, the largest online marketplace for firearms and related products, promoting responsible ownership and compliance with federal and state laws [5].