secwatch.observer — SEC 8-K summary
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Issuer:     FLEXSTEEL INDUSTRIES INC (FLXS)
CIK:        0000037472
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0000037472-22-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Flexsteel buys 765,000 shares via block trade at $18.71; $15.7M authorization left
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- Purchased 765,000 shares at $18.71 per share on March 15, 2022 via block trade.
- Total cost ~$14.3M; funded by cash and borrowings under existing line of credit.
- Remaining repurchase authorization of ~$15.7M from original $30M program.
- Post-purchase estimated basic shares outstanding of approximately 5.67 million.
- Expects line of credit borrowings to decrease in quarter ending March 31, 2022 vs prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37472/000003747222000015/0000037472-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37472/000003747222000015/flxs-20220315x8k.htm
  HTML page:      https://secwatch.observer/filing/0000037472-22-000015

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