Holley Inc. 8-K

What Happened
Holley Inc. (HLLY) announced on May 26, 2026, that its Board of Directors approved a share repurchase program authorizing the company to repurchase up to $25 million of its common stock. The announcement was filed on Form 8-K and accompanied by a press release (Exhibit 99.1). The filing was signed by Jesse Weaver, Chief Financial Officer, on May 26, 2026.

Key Details

• Board-approved authorization: up to $25,000,000 of common stock repurchases.
• Timing and method: repurchases may occur from time to time on the open market, in privately negotiated transactions, or by other lawful means at the company’s discretion.
• No minimum and no time limit: the program does not require repurchasing a minimum number of shares and has no set end date.
• Program flexibility: Holley may modify, suspend, or discontinue the program at any time; open-market repurchases may follow SEC Rule 10b-18.

Why It Matters
A share repurchase program gives Holley flexibility to buy back shares when management believes it is a good use of capital. Repurchases can reduce shares outstanding and potentially increase per-share metrics for remaining shareholders, and they may signal the board’s confidence in the business. Investors should note the program is discretionary (no required purchases) and has no set expiration, so actual repurchases and timing are not guaranteed.