Holley Inc. Approves $25M Share Repurchase Program

Holley Performance Brands announced that its Board of Directors has approved a share repurchase program, authorizing the company to repurchase up to $25 million of its outstanding common stock. The company believes its share price does not fully reflect its operational strength and business trajectory, citing significant improvements including a $100 million debt reduction, expanded margins, and a stronger leadership team. This program completes a three-pronged capital allocation framework that also includes opportunistic debt reduction and accretive acquisitions, with repurchases to be executed opportunistically and consistent with its commitment to achieve net leverage below 3.5x by year-end.