Aterian Announces Share Repurchase Program

Core Viewpoint - Aterian, Inc. has announced a share repurchase program of up to $3.0 million, reflecting confidence in the company's future and commitment to shareholders [1][2] Group 1: Share Repurchase Program - The share repurchase program will last for two years, ending on March 18, 2027 [1] - The program is authorized for up to$3.0 million of common stock [1] - The company plans to purchase shares through various means, including open market transactions and block purchases, in accordance with federal securities laws [2] Group 2: Management's Perspective - The CEO emphasized that the decision reflects confidence in Aterian's future and the belief that the stock is undervalued [2] - Aterian has made substantial progress in positioning itself for sustainable growth starting in 2025 [2] - The company aims to balance capital allocation strategies with returning capital to shareholders through the repurchase plan [2] Group 3: Company Overview - Aterian, Inc. is a technology-enabled consumer products company focused on building and acquiring e-commerce brands [3] - The company operates in multiple categories, including home and kitchen appliances, health and wellness, and air quality devices [3] - Aterian sells products across major online marketplaces, including Amazon, Walmart, and Target, as well as through its own direct-to-consumer websites [3]