secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2024-10-07T23:59:59+00:00
Accession:  0000950170-24-113221
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Beer expands stock buyback authority by $400M to $1.6B
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- Board authorized a $400M increase in the share repurchase program on October 2, 2024.
- Aggregate expenditure limit raised from $1.2B to $1.6B.
- No additional terms or expiration date for the program were disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000095017024113221/0000950170-24-113221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000095017024113221/sam-20241002.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-113221

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