secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001171520-24-000347
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek announces $2.0M share repurchase program; no debt, $11.6M cash
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- Board authorized up to $2.0M in common stock repurchases with no time limit.
- Repurchases may be made via open market or Rule 10b5-1 plan at company's discretion.
- Cash and equivalents $11.6M, zero debt, ~15.75M shares outstanding as of Aug 31, 2024.
- Funding from existing cash and future flows; program may be modified or suspended anytime.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000347/0001171520-24-000347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000347/eps11608_sotk.htm
  HTML page:      https://secwatch.observer/filing/0001171520-24-000347

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