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The Manila Times

Ollie's Bargain Outlet Board Approves $500 Million Share Repurchase Authorization

Ollie's Bargain Outlet Holdings' board of directors unanimously approved a new $500 million share repurchase authorization. Combined with its existing authorization, the company now has approximately $561 million in aggregate repurchase capacity. Since launching its buyback program in 2019, the retailer has returned roughly $679 million to shareholders. It has also continued to invest in new stores, supply chain capacity and strategic growth initiatives.
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