Ollie’s Bargain Outlet Holdings Board Unanimously Approves New Share Repurchase Authorization For Repurchase Of Additional $500M Of Outstanding Common Stock

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that its Board of Directors has unanimously approved a new share repurchase authorization for the repurchase of an additional $500 million of the Company’s outstanding common stock. Including the Company’s existing share repurchase authorization, the Company now has approximately $561 million of aggregate share repurchase capacity.