---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-091565"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:27:58.856652+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-22-091565
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465922091565/0001104659-22-091565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465922091565/tm2223543d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-091565
- JSON: https://secwatch.observer/filing/0001104659-22-091565.json
- Plain text: https://secwatch.observer/filing/0001104659-22-091565.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.