LEAT's Extended Buyback Plan: Charting Course Until March 31, 2026

Leatt Corporation (LEAT) just dropped an interesting move—extending its share repurchase program by another three months, now running through March 31, 2026. The expanded authorization maintains the $750,000 cap, signaling management’s confidence in the stock’s long-term potential.

Here’s what’s happened so far: the company has already bought back $249,969.49 worth of shares since the program launched. That’s roughly one-third of the available budget deployed, showing steady but measured execution rather than aggressive buyback tactics.

What This Means for Shareholders

The decision to extend the timeline to March 31, 2026 serves a dual purpose. First, it demonstrates LEAT’s belief that returning capital through buybacks creates shareholder value—a common move when management sees the stock trading below intrinsic value. Second, the extended window provides flexibility. Instead of scrambling to deploy $750,000 in a compressed timeframe, the company can buy strategically across different market conditions.

This approach suggests management doesn’t view the current price point as the only opportunity. By stretching the repurchase window, Leatt maintains optionality while staying committed to capital returns.

Current Market Performance

LEAT is currently trading at $9.40 on the OTC Markets, up 0.21% in recent action. While the uptick is modest, it reflects steady investor interest. For a company actively returning capital through buybacks—especially with execution stretching to March 31, 2026—this price stability provides a foundation for consistent share reduction.

The extended buyback program essentially gives Leatt three more months to opportunistically repurchase shares while maintaining the flexibility to pivot if growth investments become available. It’s a balance between rewarding existing shareholders and keeping powder dry for strategic opportunities.