ONEW - OneWater Marine approves $50M share repurchase authorization

OneWater Marine (NASDAQ:ONEW) to repurchase up to $50M of the Company’s Class A common stock from time to time. This is the Company’s first authorization for repurchases since its initial public offering. “As part of our capital allocation strategy, we believe the Company's stock can represent an attractive investment opportunity for OneWater. In addition, we will continue to execute our multi-faceted M&A strategy as these opportunities remain plentiful. We believe a balanced capital allocation strategy will continue to drive long-term value creation for our shareholders.” said CEO Austin Singleton

For further details see:

OneWater Marine approves $50M share repurchase authorization