other material
confidence high
sentiment neutral
materiality 0.60
MillerKnoll board adds $200M share repurchase authorization; total available exceeds $266M
MILLERKNOLL, INC.
- Board approved additional $200 million for stock buybacks on July 16, 2024.
- Prior authorization had $66,261,320 remaining as of June 1, 2024.
- Repurchases may occur via open market or private transactions at management's discretion.
- Funding expected from existing cash on hand and future cash flows; program can be suspended anytime.