Leatt extends share buyback program through march 2026

December 16, 2025 9:16 AM EST

Leatt Corporation (OTCQB: LEAT) announced its board of directors authorized a three-month extension of the company's share repurchase program on December 15. The program, which allows for up to $750,000 in share buybacks, will now run through March 31, 2026, instead of the original December 31, 2025 expiration date.



The company has repurchased $249,969.49 worth of shares under the current program, according to the press release statement. Repurchases will continue at the board's discretion through open-market transactions following applicable securities laws.



"This extension of the share repurchase program demonstrates our continued confidence in the strength of Leatt and our business plan as we move into 2026 and beyond," said Sean Macdonald, chief executive officer.



Leatt develops protective equipment for extreme sports including mountain biking and motorsports. The company's products include the Leatt-Brace neck protection system and other head-to-toe protective gear for participants in high-velocity sports.



The repurchase program may be suspended or discontinued at any time, and the company provided no assurance regarding timing or number of future share buybacks.


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