Smith & Wesson Brands, Inc. announces an Equity Buyback for $50 million worth of its shares.

Smith & Wesson Brands, Inc. (NasdaqGS:SWBI) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. Any shares of common stock repurchased under the program will be considered issued but not outstanding shares of the company’s common stock.