{"url_path":"/sec/aout/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1808997/0001808997-26-000031-index.html","accession_number":"0001808997-26-000031","cik":"0001808997","ticker":"AOUT","issuer_name":"American Outdoor Brands, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1808997/0001808997-26-000031-index.html","primary_entity_key":"0001808997","primary_entity_name":"American Outdoor Brands, Inc."},"word_count":660,"has_tables":true,"body_markdown":"Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities\n\nMarket Information\n\nOur common stock trades on the Nasdaq Global Select Market under the symbol “AOUT.” The holders of our common stock are entitled to one vote per share on any matter to be voted upon by the stockholders. All shares of common stock rank equally as to voting and all other matters. The shares of common stock have no preemptive or conversion rights, no redemption or sinking fund provisions, are not liable for further call or assessment, and are not entitled to cumulative voting rights.\n\nHolders\n\nOn June 18, 2026, there were 222 record holders of our common stock. A substantially greater number of holders of common stock are “street name” or beneficial holders, whose shares are held of record by banks, brokers, and other financial institutions.\n\nDividend Policy\n\nWe have never declared or paid cash dividends on our common stock. We currently intend to retain all available funds and future earnings, if any, to fund the development and expansion of our business, and we do not anticipate paying any cash dividends on our common stock in the foreseeable future. Any future determination to pay dividends on our common stock will be made at the discretion of our Board of Directors and will depend on various factors, including applicable laws, our results of operations, financial condition, future prospects, the terms of our outstanding indebtedness, and any other factors deemed relevant by our Board of Directors.\n\nSecurities Authorized for Issuance under Equity Compensation Plans\n\nFor equity compensation plan information, refer to Item 12 (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters) in Part III of this Annual Report on Form 10-K.\n\nRecent Sales of Unregistered Securities\n\nNone.\n\nRepurchases of Common Stock\n\nAs of April 30, 2026, we had one open authorized share repurchase program. The following table sets forth certain information relating to the purchases of our common stock by us and any affiliated purchasers within the meaning of Rule 10b-18(a)(3) under the Exchange Act during the fiscal year ended April 30, 2026 (dollars in thousands, except per share data):\n\nPeriodTotal # of\nShares\nPurchasedAverage\nPrice Paid\nPer Share (2)Total # of Shares Purchased as Part of Publicly Announced\nPlan or\nProgram (1)Maximum Dollar Value of Shares that May Yet Be Purchased\nUnder the Plan\nor Program\n\nTotal first quarter fiscal year 2026240,437$10.47 1,304,300$4,645 \n\nTotal second quarter fiscal year 202673,9398.76 1,378,23910,000 \n\nTotal third quarter fiscal year 2026181,0327.87 1,559,2718,575 \n\nFebruary 1, 2026 to February 28, 202643,2659.12 1,602,5368,180 \n\nMarch 1, 2026 to March 31, 202612,6108.86 1,615,1468,068 \n\n    April 1, 2026 to April 30, 2026—— 1,615,146 8,068 \n\nTotal fourth quarter fiscal year 202655,8759.06 1,615,146 8,068 \n\nTotal year-to-date fiscal year 2026551,283$9.24 1,615,146$8,068 \n\n46\n\n(1)On October 2, 2023, our Board of Directors authorized the repurchase of up to $10.0 million of our common stock, subject to certain conditions in the open market, in block purchases, or in privately negotiated transactions. This authorization expired on September 30, 2024. On September 25, 2024, our Board of Directors approved a program to purchase up to $10.0 million of our common stock, subject to certain conditions, in the open market, in block purchases, or in privately negotiated transactions. This authorization expired on September 30, 2025. On September 30, 2025 our Board of Directors authorized the repurchase of up to $10.0 million of our common stock, subject to certain conditions in the open market, in block purchases, or in privately negotiated transactions, commencing on October 1, 2025 and executable through September 30, 2026. During the years ended April 30, 2026 and 2025, under these authorizations, we repurchased a total of 551,283 and 374,446 shares, respectively, of our common stock for $5.1 million and $3.8 million, respectively, utilizing cash on hand. As of April 30, 2026, we have $8.1 million of available funds to repurchase our common stock under the current authorization.\n\n(2)The average price per share excludes fees paid to acquire the shares."}