What is the total dollar amount authorized under this program?

The Board has authorized the Company to repurchase up to $100 million of its outstanding common stock. The program does not obligate UAMY to complete any purchases and carries no fixed expiration date.

How will US Antimony execute these repurchases?

Repurchases may be made in the open market (structured under Rule 10b-18), in privately negotiated transactions, or through Rule 10b5-1 plans. The timing and amount of each repurchase will be determined by the Finance Committee based on market conditions and corporate needs.

Why did the Board authorize this program now?

Chairman and CEO Gary C. Evans stated that following a thorough review of the Company's projects and strategic position, the Board determined by unanimous consent that UAMY's stock price was undervalued, warranting implementation of the repurchase program.

Can the Board modify or terminate this program?

Yes. The program may be modified, suspended, or terminated at any time at the discretion of the Board of Directors. There is no obligation to complete any repurchases.

What is Rule 10b-18 and why does US Antimony use it?

Rule 10b-18 is a safe harbor under federal securities law that allows companies to repurchase their own shares in the open market without triggering concerns about market manipulation, provided they follow pricing, volume, timing, and broker rules. UAMY commits to structure open-market repurchases within these safe harbor requirements.

What is a Rule 10b5-1 plan?

A Rule 10b5-1 plan is a pre-arranged trading program that allows a company (or insiders) to repurchase shares on a predetermined schedule, insulating them from insider trading liability. UAMY may use such plans to facilitate share repurchases under this authorization.

UAMY 8-K Filed 2026-08-19 New authorization

US Antimony authorizes $100M share repurchase program

Board approves open-market buyback and Rule 10b5-1 plans; no fixed expiration date or minimum purchase obligation.

Authorization$100M

MechanismRule 10b-18 open-market purcha

What the filing says

United States Antimony Corporation (NYSE: UAMY) announced that its Board of Directors has approved and authorized a share repurchase program under which the Company may repurchase up to $100 million of its existing and outstanding common stock. Repurchases may be made in the open market, in privately negotiated transactions, or otherwise, with timing and amounts determined at the discretion of the Company's Finance Committee.

Open market repurchases will be structured to comply with Rule 10b-18 under the Securities Exchange Act of 1934. The Company may also enter into Rule 10b5-1 plans to facilitate share repurchases under this authorization. The program does not have a fixed expiration date, does not obligate the Company to acquire any particular amount of stock, and may be modified, suspended, or terminated at any time by the Board.

Chairman and CEO Gary C. Evans stated that the Board determined by unanimous consent that the Company's stock price was undervalued, warranting implementation of the repurchase program following a thorough review of the Company's projects and strategic positioning.

The Company's Board of Directors has approved and authorized a share repurchase program under which the Company may repurchase up to $100 million of its existing and outstanding common stock. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. — UNITED STATES ANTIMONY CORP 8-K filing · View on SEC EDGAR →

What this means

The $100 million authorization represents a discretionary capital allocation for UAMY to repurchase shares if market conditions warrant. The program carries no obligation to complete purchases, no expiration date, and may be suspended or terminated at the Board's discretion. The use of Rule 10b-18 open-market mechanics and Rule 10b5-1 plans indicates the company intends to execute within standard regulatory guardrails. The valuation signal from management—that shares are undervalued at current prices—reflects a board assessment of capital deployment relative to operational opportunity cost, though actual execution will depend on liquidity, cash flow, and market conditions.

Frequently asked questions

What is the total dollar amount authorized under this program?: The Board has authorized the Company to repurchase up to $100 million of its outstanding common stock. The program does not obligate UAMY to complete any purchases and carries no fixed expiration date.
How will US Antimony execute these repurchases?: Repurchases may be made in the open market (structured under Rule 10b-18), in privately negotiated transactions, or through Rule 10b5-1 plans. The timing and amount of each repurchase will be determined by the Finance Committee based on market conditions and corporate needs.
Why did the Board authorize this program now?: Chairman and CEO Gary C. Evans stated that following a thorough review of the Company's projects and strategic position, the Board determined by unanimous consent that UAMY's stock price was undervalued, warranting implementation of the repurchase program.
Can the Board modify or terminate this program?: Yes. The program may be modified, suspended, or terminated at any time at the discretion of the Board of Directors. There is no obligation to complete any repurchases.
What is Rule 10b-18 and why does US Antimony use it?: Rule 10b-18 is a safe harbor under federal securities law that allows companies to repurchase their own shares in the open market without triggering concerns about market manipulation, provided they follow pricing, volume, timing, and broker rules. UAMY commits to structure open-market repurchases within these safe harbor requirements.
What is a Rule 10b5-1 plan?: A Rule 10b5-1 plan is a pre-arranged trading program that allows a company (or insiders) to repurchase shares on a predetermined schedule, insulating them from insider trading liability. UAMY may use such plans to facilitate share repurchases under this authorization.

authorization rule-10b-18 rule-10b5-1 open-market antimony critical-minerals

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.