other material
confidence high
sentiment positive
materiality 0.50
Ascent Industries adopts $1.5M stock repurchase plan under Rule 10b5-1 from June 21 to Aug 20, 2023
ASCENT INDUSTRIES CO.
- Total repurchase amount of $1.5 million, executed daily based on specified price targets.
- Plan effective June 21, 2023 and will cease on August 20, 2023.
- A broker selected by the Company will have authority to repurchase shares under plan terms.
- Plan enables repurchases during self-imposed blackout periods or insider trading restrictions.
- Company may enter subsequent trading plans under Rule 10b5-1 after plan expiration.