---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-23-000065"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:11:42.324894+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Valmont enters $120M accelerated share repurchase; initial delivery ~0.4M shares

## Summary
- Entered ASR with Citibank to repurchase $120M of common stock under existing program.
- Initial delivery of approx. 0.4M shares received Nov 29, 2023; final number based on VWAP.
- ASR expected to complete by Q1 2024; remaining authorization ~$145M as of Nov 29.
- CEO cites confidence in business and cash flow generation; funded from working capital and short-term borrowings.

## SEC filing metadata
- accession: 0000102729-23-000065
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272923000065/0000102729-23-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272923000065/vmi-20231129x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-23-000065
- JSON: https://secwatch.observer/filing/0000102729-23-000065.json
- Plain text: https://secwatch.observer/filing/0000102729-23-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.