Aterian announces $3M share repurchase program ending March 18 2027

Aterian (ATER) announced that its Board of Directors has authorized a share repurchase program of up to $3M of the Company’s common stock for a period of two years ending March 18 . “The Board’s decision reflects our collective confidence in the Company’s future, the strength and flexibility of our financial profile, and our commitment to shareholders. We firmly believe that Aterian’s stock is significantly undervalued, and this repurchase program underscores our conviction in the long-term value we are creating,” said Arturo Rodriguez, Chief Executive Officer. “Over the last 18 months, we have made substantial progress in positioning Aterian for sustainable growth beginning in 2025. While our capital allocation strategy will continue to support these growth initiatives, our improved outlook and strong balance sheet give us the confidence to return capital directly to our shareholders via this share repurchase plan.”