Company: MCFT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001193125-25-268696
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Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part II, Item 1A
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During the three months ended September 28, 2025, there have been no material changes to the risk factors disclosed in “Part I, Item 1A. Risk Factors” in our 2025 Annual Report.

ITEM 2. UNREGISTERED SALES OF SECURITIES AND USE OF PROCEEDS.

Share Repurchase Program

On July 24, 2023, the Board of the Company authorized a share repurchase program under which the Company may repurchase up to $50.0 million of its outstanding shares of common stock. During the first three months of fiscal 2026, we repurchased approximately $2.3 million of our common stock, excluding related fees and expenses. As of September 28, 2025, the remaining authorization under the program was approximately $23.5 million. 

During the three months ended September 28, 2025, the Company repurchased the following shares of common stock: 

     Period
      
     Total Number of Shares Purchased

     Average Price Paid Per Share(a)(b)

     Total Number of Shares Purchased as part of Publicly Announced Program

     Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan                         (dollars in thousands)

     July 1, 2025 - July 27, 2025

     36,729

     $
     19.85

     36,729

     $
     25,143

     July  28, 2025 - August 24, 2025

     66,516

     19.91

     66,516

     23,819

     August 25, 2025 - September 28, 2025

     13,125

     21.68

     13,125

     23,534

     Total

     116,370

     116,370

(a)Represents weighted average price paid per share excluding commissions paid.

(b)Average price per share excludes any excise tax imposed on certain stock repurchases as part of the Inflation Reduction Act of 2022.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. MINE SAFETY DISCLOSURES.

None.

ITEM 5. OTHER INFORMATION. 

During the three months ended September 28, 2025, none of our directors or “officers” (as defined in Rule 16a-