04:27 PM EDT, 09/11/2024 (MT Newswires) -- Build-A-Bear Workshop ( BBW ) said Wednesday its board approved a new share repurchase program of up to $100 million and terminated the previous program.

The company said it utilized about $44 million to buy back over 1.9 million shares under the $50 million share repurchase program authorized on Aug. 30, 2022.

The company's board kept the quarterly dividend at $0.20 a share, payable on Oct. 10 to shareholders of record on Sept. 26.

Build-A-Bear stock was up 2% in recent after-hours activity.

Price: 30.39, Change: +0.60, Percent Change: +2.01