secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001072613-23-000364
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 extends share repurchase program by $5M over two years
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- Board approved extension authorizing up to $5M in share repurchases over next two years.
- Since August 2011, 9,360,944 shares repurchased at avg $1.93/share (~$18.1M total cost).
- Repurchases may occur in open market or private transactions; program can be suspended or discontinued.
- Board believes program leverages strong cash position and is in best interest of shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261323000364/0001072613-23-000364-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261323000364/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-23-000364

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