Will Smith & Wesson’s Plans To Repurchase Common Stock Placate These Top Institutional Shareholders?

Smith & Wesson Holding Corporation (NASDAQ:SWHC) announced their plans to repurchase an additional $15 million worth of common stock by June 30, 2013. The additional amount has been authorized by the board after they exhausted the $20 million stock repurchase program that was announced on December 6, 2012. The company plans to fund the repurchases using cash on hand and working capital.

Will Smith & Wesson Holding Corporation’s shareholders increase their holdings? They reported owning a total of 49.017 million shares on 09/30/2012. The shares closed at $11.02 on 09/30/2012.

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Here are the ten largest positions in Smith & Wesson Holding Corporation at the end of September 30th, 2012.

Vanguard Group Inc. held 4,186,931 shares on 09/30/2012 worth $46,119,046. This brought the portfolio total to 0.01%.

Renaissance Technologies LLC. held 3,395,200 shares on 09/30/2012 worth $37,398,129. This brought the portfolio total to 0.12%.

Acadian Asset Management LLC. held 2,007,521 shares on 09/30/2012 worth $22,112,845. This brought the portfolio total to 0.18%.

Blackrock Institutional Trust Company N.A. held 1,908,025 shares on 09/30/2012 worth $21,026,436. This brought the portfolio total to 0.0%.

Principal Financial Group In.c held 1,890,432 shares on 09/30/2012 worth $20,823,109. This brought the portfolio total to 0.06%.

Blackrock Fund Advisors held 1,673,943 shares on 09/30/2012 worth $18,438,483. This brought the portfolio total to 0.01%.

Dimensional Fund Advisors L.P. held 1,567,984 shares on 09/30/2012 worth $17,271,344. This brought the portfolio total to 0.02%.

Morgan stanley held 1,420,490 shares on 09/30/2012 worth $15,646,698. This brought the portfolio total to 0.01%.

Cortina Asset Management LLC held 1,406,490 shares on 09/30/2012 worth $15,492,488. This brought the portfolio total to 0.74%.

Rima Senvest Management L.L.C. held 1,364,786 shares on 09/30/2012 worth $15,033,118. This brought the portfolio total to 3.13%.

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