secwatch.observer — SEC 8-K summary
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Issuer:     GRIFFON CORP (GFF)
CIK:        0000050725
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0000050725-23-000049
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Griffon repurchases 400K shares from Voss Capital affiliates at $41.87 per share
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- Repurchased 400,000 shares from two Voss Capital managed accounts for aggregate $16.75M.
- Purchase price of $41.87 per share was a 2% discount to $42.72 closing price on Sep 1, 2023.
- Audit Committee of independent directors approved; repurchased shares placed in treasury.
- Voss Capital's Travis Cocke is a board member; transaction facilitates investor redemptions.
- Repurchases made under existing buyback program increased by $200M in April 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50725/000005072523000049/0000050725-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50725/000005072523000049/gff-20230905.htm
  HTML page:      https://secwatch.observer/filing/0000050725-23-000049

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