Fox Factory Holding Corp. (NasdaqGS:FOXF) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares, representing 8% of its outstanding share capital.

The purpose of the program is to is to manage the impact of dilution from future employee equity grants and to allow for opportunistic share repurchases. The program will expire on November 1, 2028.