BuybackMay 13, 2026, 08:07 AM
Leatt Corp Authorizes $419,410 Share Repurchase Program
AI Summary
Leatt Corporation's Board of Directors has authorized a new share repurchase program for up to $419,410 of its common stock. This program is a continuation of a previously announced plan, representing the remaining balance of a $750,000 authorization. The company plans to repurchase shares through open market transactions, potentially utilizing Rule 10b5-1 trading plans, with the program expiring on December 31, 2026. This move underscores the company's confidence in its business and its commitment to enhancing long-term shareholder value.
Key Highlights
- Leatt Corp's Board authorized a new share repurchase program for $419,410.
- This amount is the remaining balance of a previous $750,000 repurchase plan.
- The company intends to repurchase shares through open market purchases.
- The share repurchase program is set to expire on December 31, 2026.
- Leatt Corp may enter into Rule 10b5-1 trading plans to facilitate repurchases.