Ollie’s Bargain Outlet approves $500 million buyback program
Ollie’s Bargain Outlet (OLLI) approved a $500 million share buyback program, adding to its existing $61 million authorization. CEO Eric van der Valk cited confidence in long-term growth and cash flow generation. The company has returned $679 million to shareholders since 2019. The new program has no expiration and can be executed via various means. As of August 1, 2026, Ollie’s operates 686 stores in 36 states.




