Ollie's Bargain Outlet Authorizes New $500 Million Share Buyback Program

Key Facts

1Ollie's Bargain Outlet's Board of Directors unanimously approved a new $500 million authorization for the repurchase of outstanding common stock.

Ollie's Bargain Outlet Holdings announced that its Board of Directors has unanimously approved a new $500 million authorization for the repurchase of its outstanding common stock. GlobeNewswire reported that the program is intended to provide the company with flexibility to execute repurchases through open market transactions or privately negotiated deals as part of its capital return strategy.

OLLI closed at $86.44 on October 12, 2026, with the stock reaching a session high of $88 and a low of $83.58. This new authorization follows the company's continued operational growth, with its retail footprint expanding to 686 stores across 36 states as of August 2026.