secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001056288-22-000024
Event type: other_material
Sentiment:  positive
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes board authorizes additional 5M share buyback; 292K remain under prior program
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- Existing program had 292,000 shares remaining as of June 7, 2022.
- New program authorizes up to 5,000,000 shares of Class B common stock with no expiration date.
- Repurchased shares will be held in treasury for employee compensation, acquisitions, and other corporate purposes.
- Executive management determines timing and amount of purchases under both programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000024/0001056288-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000024/fhi-20220607.htm
  HTML page:      https://secwatch.observer/filing/0001056288-22-000024

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