Academy Sports to Buy Back Up to $700M in Stock

Dow Jones

2024/12/05

By Sarina Isaacs

Academy Sports + Outdoors said it would buy back up to $700 million in shares.

The Katy, Texas, sporting goods retailer said on Wednesday that its board had authorized a new share-repurchase program for up to $700 worth of common stock. The plan is effective for three years.

The repurchase program replaces a previous one that had $423 million left at the time of the new authorization.

Write to Sarina Isaacs at sarina.isaacs@wsj.com

(END) Dow Jones Newswires

December 04, 2024 17:04 ET (22:04 GMT)

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