Ascent Industries Authorizes New Share Repurchase Program

Ascent Industries Co. announced that its Board of Directors has authorized a new stock repurchase program allowing for the repurchase of up to 2.0 million shares of its common stock over a two-year period ending December 16, 2027. This new program supersedes a previous authorization, under which nearly 75% of the shares had already been repurchased. The repurchases will be funded by available working capital and may be executed through various methods including open-market purchases, privately negotiated transactions, or Rule 10b5-1 trading plans, subject to market conditions and compliance with securities laws. The company views these repurchases as an attractive use of capital, reflecting confidence in its business and valuation. The adoption of a Rule 10b5-1 trading plan was also announced, effective December 19, 2025, to facilitate repurchases during potential trading blackout periods.