Pennsylvania Business Report

Pennsylvania retail giant Ollie’s announces $500M share repurchase authorization

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By Liz Carey  |  October 15, 2026

Harrisburg-based Ollie’s Bargain Outlet Holdings, Inc., one of Pennsylvania's largest publicly traded retailers, announced its Board of Directors approve a new share repurchase authorization The company said the unanimous decision repurchases $500 million in outstanding common stock. Including the company’s existing share repurchase authorization, the company now has approximately $561 million of aggregate share repurchase capacity. “This new authorization underscores our convictio...

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