secwatch.observer — SEC 8-K summary
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Issuer:     GENESCO INC (GCO)
CIK:        0000018498
Form:       8-K/A
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0000950170-24-060416
Event type: other_material
Sentiment:  positive
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Genesco increases share repurchase authorization by $50M to $250M
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- Existing $200M authorization: $189.5M used on 3.9M shares since Sep 2019, leaving $10.5M.
- Board approved $50M increase to repurchase authorization, bringing total to $250M.
- Current quarter: ~676k shares repurchased for $14.5M at avg $21.41 per share.
- Since Dec 2018: 9.2M shares repurchased for $415M, representing over 46% of outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18498/000095017024060416/0000950170-24-060416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18498/000095017024060416/gco-20230626.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-060416

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer