Ticker Changes Next Week for American Outdoor Brands

by
posted on May 28, 2020
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
smith_wesson-header.jpg

American Outdoor Brands Corporation (NASDAQ Global Select: AOBC) announced yesterday that it will change its name to Smith & Wesson Brands, Inc., effective June 1, 2020. The change reflects the company’s preparation for the previously announced spin-off of its outdoor products and accessories business as a tax-free stock distribution to stockholders in late summer 2020. The transaction will create two independent, publicly traded companies: Smith & Wesson Brands, Inc.—the firearm businessand American Outdoor Brands, Inc., which will encompass outdoor products and accessories. 

The company’s common shares will continue to be listed for trading on the Nasdaq Global Select exchange under the new ticker symbol ‘SWBI’ beginning at market opening on Monday, June 1. In conjunction with the name and ticker symbol change, the company’s common shares will be assigned a new CUSIP number of 831754 106.

The American Outdoor Brands portfolio is a diverse one. It’s currently the parent company of firearm firms Smith & Wesson and Thompson/Center Arms, as well as various affiliated companies such as the M&P and Performance Centers of Smith & Wesson. Also included in the firearm-related side of the business would be the recently acquired suppressor maker, Gemtech.

Crimson Trace joined its growing portfolio of electro-optic companies in 2016, and LaserLyte followed last year. Accessory companies and brands include: Bog, Bubba, Caldwell, Frankford Arsenal, Golden Rod Moisture Control, Hooyman Premium Tree Saws, Imperial, M&P Accessories, Old Timer, Schrade, Smith & Wesson Accessories, Thompson/Center Accessories, Tipton Gun Cleaning Supplies and Wheeler Engineering. Many are renowned in the firearm industry.

American Outdoor Brands also runs a pair of firms that offer manufacturing services. They are Smith & Wesson Precision Components and Smith & Wesson, and services vary from injection molding of plastics to heat treating all the way up to custom forging of critical components.

 

Latest

Falco Multi-Fit Universal Holsters
Falco Multi-Fit Universal Holsters

First Look: Falco Multi-Fit Universal Holsters

Available in a wide range of materials and models.

First Look: XS Sights R3D 2.0 Night Sights for Springfield Echelon Pistols

The sights have a low profile, snag-free rear sight and a bright green or orange front sight.

Hornady Announces Get Loaded Plus Promotion

This promotion runs from now until the end of 2025. 

Review: Beretta 1301 Tactical C Shotgun

How do you improve on an excellent home-defense shotgun? Increase the capacity.

First Look: Military Arms Corp MAC-5 Binary Trigger Binary Trigger Pistols

Add a little more pewpewpew to your large format pistol.

First Look: Sierra Bullets 6mm 107-grain HPBT MatchKing-X Bullets

The accuracy you expect from a Match King bullet, with improved terminal ballistics.

Interests



Get the best of Shooting Illustrated delivered to your inbox.