Tile Shop authorizes $30M share repurchase program, citing undervaluation

TILE SHOP HOLDINGS, INC.

Board unanimously approved $30M stock repurchase; no expiration but may be suspended.
Plan to enter 10b5-1 plan on Aug 16; purchases begin no earlier than Aug 29, ending March 6, 2023.
CFO states shares are undervalued; to be funded from cash, credit line, and future cash flow.
As of June 30, 2022: $10.5M cash and $92.6M available on revolving credit line.
Repurchases may be made via open market, private negotiations, or 10b5-1 plans.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.