Aterian Announces Share Repurchase Program
Aterian (ATER) has announced a $3.0 million share repurchase program authorized by its Board of Directors, extending through March 18, 2027. The program demonstrates management's confidence in the company's future and their belief that the stock is undervalued.
CEO Arturo Rodriguez highlighted the company's substantial progress over the past 18 months in positioning for sustainable growth starting 2025. The repurchase plan will be executed through various means including open market transactions, block purchases, and privately negotiated transactions, complying with federal securities laws.
The company maintains flexibility in the program's execution, with purchases based on factors such as price, capital position, liquidity, and market conditions. The program can be modified, suspended, or terminated at any time without prior notice.
Aterian (ATER) ha annunciato un programma di riacquisto di azioni da 3,0 milioni di dollari autorizzato dal suo Consiglio di Amministrazione, valido fino al 18 marzo 2027. Il programma dimostra la fiducia della direzione nel futuro dell'azienda e la loro convinzione che il titolo sia sottovalutato.
Il CEO Arturo Rodriguez ha sottolineato i notevoli progressi dell'azienda negli ultimi 18 mesi nel posizionarsi per una crescita sostenibile a partire dal 2025. Il piano di riacquisto sarà attuato attraverso vari mezzi, tra cui transazioni sul mercato aperto, acquisti in blocco e transazioni negoziate privatamente, in conformità con le leggi federali sui titoli.
L'azienda mantiene flessibilità nell'esecuzione del programma, con acquisti basati su fattori come prezzo, posizione di capitale, liquidità e condizioni di mercato. Il programma può essere modificato, sospeso o terminato in qualsiasi momento senza preavviso.
Aterian (ATER) ha anunciado un programa de recompra de acciones de 3,0 millones de dólares autorizado por su Junta Directiva, que se extenderá hasta el 18 de marzo de 2027. El programa demuestra la confianza de la dirección en el futuro de la empresa y su creencia de que las acciones están subvaluadas.
El CEO Arturo Rodriguez destacó el progreso sustancial de la empresa en los últimos 18 meses para posicionarse para un crecimiento sostenible a partir de 2025. El plan de recompra se llevará a cabo a través de diversos medios, incluyendo transacciones en el mercado abierto, compras en bloque y transacciones negociadas de forma privada, cumpliendo con las leyes federales de valores.
La empresa mantiene flexibilidad en la ejecución del programa, con compras basadas en factores como el precio, la posición de capital, la liquidez y las condiciones del mercado. El programa puede ser modificado, suspendido o terminado en cualquier momento sin previo aviso.
Aterian (ATER)은 이사회에서 승인한 300만 달러 규모의 자사주 매입 프로그램을 발표했으며, 이는 2027년 3월 18일까지 유효합니다. 이 프로그램은 회사의 미래에 대한 경영진의 신뢰와 주식이 저평가되었다는 믿음을 보여줍니다.
CEO 아르투로 로드리게스는 2025년부터 지속 가능한 성장을 위한 포지셔닝에서 지난 18개월 동안 회사가 이룬 상당한 진전을 강조했습니다. 자사주 매입 계획은 공개 시장 거래, 블록 구매 및 비공식 협상 거래를 포함한 다양한 수단을 통해 실행되며, 연방 증권법을 준수합니다.
회사는 가격, 자본 위치, 유동성 및 시장 조건과 같은 요소를 기반으로 구매를 통해 프로그램 실행의 유연성을 유지합니다. 이 프로그램은 사전 통보 없이 언제든지 수정, 중단 또는 종료될 수 있습니다.
Aterian (ATER) a annoncé un programme de rachat d'actions de 3,0 millions de dollars autorisé par son conseil d'administration, valable jusqu'au 18 mars 2027. Ce programme témoigne de la confiance de la direction dans l'avenir de l'entreprise et de leur conviction que l'action est sous-évaluée.
Le PDG Arturo Rodriguez a souligné les progrès substantiels réalisés par l'entreprise au cours des 18 derniers mois pour se positionner en vue d'une croissance durable à partir de 2025. Le plan de rachat sera exécuté par divers moyens, y compris des transactions sur le marché libre, des achats en bloc et des transactions négociées en privé, conformément aux lois fédérales sur les valeurs mobilières.
L'entreprise conserve une flexibilité dans l'exécution du programme, les achats étant basés sur des facteurs tels que le prix, la position de capital, la liquidité et les conditions du marché. Le programme peut être modifié, suspendu ou résilié à tout moment sans préavis.
Aterian (ATER) hat ein von seinem Vorstand genehmigtes Aktienrückkaufprogramm in Höhe von 3,0 Millionen Dollar angekündigt, das bis zum 18. März 2027 gültig ist. Das Programm zeigt das Vertrauen des Managements in die Zukunft des Unternehmens und den Glauben, dass die Aktie unterbewertet ist.
CEO Arturo Rodriguez hob die erheblichen Fortschritte des Unternehmens in den letzten 18 Monaten hervor, um sich für ein nachhaltiges Wachstum ab 2025 zu positionieren. Der Rückkaufplan wird durch verschiedene Mittel umgesetzt, einschließlich Transaktionen am offenen Markt, Blockkäufen und privat verhandelten Transaktionen, die den bundesstaatlichen Wertpapiergesetzen entsprechen.
Das Unternehmen behält sich Flexibilität bei der Durchführung des Programms vor, wobei Käufe auf Faktoren wie Preis, Kapitalposition, Liquidität und Marktbedingungen basieren. Das Programm kann jederzeit ohne vorherige Ankündigung geändert, ausgesetzt oder beendet werden.
- Board authorized $3.0M share repurchase program through 2027
- Management indicates strong financial profile and balance sheet
- Company positioned for sustainable growth starting 2025
- No guarantee on the number of shares to be repurchased
- Program can be suspended or terminated at any time
- Relatively small buyback amount may limit impact on share price
SUMMIT, N.J., March 18, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a technology-enabled consumer products company, announced today that its Board of Directors has authorized a share repurchase program of up to
“The Board’s decision reflects our collective confidence in the Company’s future, the strength and flexibility of our financial profile, and our commitment to shareholders. We firmly believe that Aterian’s stock is significantly undervalued, and this repurchase program underscores our conviction in the long-term value we are creating,” said Arturo Rodriguez, Chief Executive Officer. “Over the last 18 months, we have made substantial progress in positioning Aterian for sustainable growth beginning in 2025. While our capital allocation strategy will continue to support these growth initiatives, our improved outlook and strong balance sheet give us the confidence to return capital directly to our shareholders via this share repurchase plan.”
Purchases under the plan may be made from time to time, through various means as the Company deems appropriate, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Purchases will be based on a variety of factors such as price, capital position, liquidity, financial performance, alternative uses of capital, and overall market conditions. There can be no assurance as to the number of shares the Company will purchase, if any. The share repurchase program may be increased or otherwise modified, renewed, suspended or terminated by the Company at any time, without prior notice.
About Aterian, Inc.
Aterian, Inc. (Nasdaq: ATER) is a technology-enabled consumer products company that builds and acquires leading e-commerce brands with top selling consumer products, in multiple categories, including home and kitchen appliances, health and wellness and air quality devices. The Company sells across the world's largest online marketplaces with a focus on Amazon, Walmart and Target in the U.S. and on its own direct to consumer websites. Our primary brands include Squatty Potty, hOmeLabs, Mueller Living, PurSteam, Healing Solutions and Photo Paper Direct. To learn more about Aterian and its brands, visit aterian.io
Forward Looking Statements
All statements other than statements of historical facts included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements including, in particular, statements relating to the Company’s share repurchase program, including timing of and actual number of the shares to be repurchased, the method of share repurchase, the funding source of the share repurchases and the Company’s ability to repurchase shares while maintaining sufficient cash resources to advance its growth strategies, our expectations for growth in 2025, and our capital allocation strategies.
These forward-looking statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties and other factors, all of which are difficult to predict and many of which are beyond our control and could cause actual results to differ materially and adversely from those described in the forward-looking statements. These risks include, but are not limited to, those related to our ability to continue as a going concern, our ability to meet financial covenants with our lenders, our ability to maintain and to grow market share in existing and new product categories; our ability to continue to profitably sell the SKUs we operate; our ability to create operating leverage and efficiency when integrating companies that we acquire, including through the use of our team’s expertise, the economies of scale of our supply chain and automation driven by our platform; those related to our ability to grow internationally and through the launch of products under our brands and the acquisition of additional brands; those related to consumer demand, our cash flows, financial condition, forecasting and revenue growth rate; our supply chain including sourcing, manufacturing, warehousing and fulfillment; our ability to manage expenses, working capital and capital expenditures efficiently; our business model and our technology platform; our ability to disrupt the consumer products industry; our ability to generate profitability and stockholder value; international tariffs and trade measures; inventory management, product liability claims, recalls or other safety and regulatory concerns; reliance on third party online marketplaces; seasonal and quarterly variations in our revenue; acquisitions of other companies and technologies and our ability to integrate such companies and technologies with our business; our ability to continue to access debt and equity capital (including on terms advantageous to the Company) and the extent of our leverage; and other factors discussed in the “Risk Factors” section of our most recent periodic reports filed with the Securities and Exchange Commission (“SEC”), all of which you may obtain for free on the SEC’s website at www.sec.gov.
Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contact:
The Equity Group
Devin Sullivan
Managing Director
dsullivan@equityny.com
Conor Rodriguez
Associate
crodriguez@equityny.com
FAQ
How much is Aterian's (ATER) share repurchase program worth and when does it expire?
What methods will ATER use to execute its share buyback program?
When does Aterian (ATER) expect to achieve sustainable growth?
What factors will determine ATER's share repurchase decisions?
