8-K
filed December 6, 2022, 6:59 PM ET
ticker NAII
CIK 0000787253
other material
confidence high
sentiment positive
materiality 0.50
NAI Board authorizes additional $1M share buyback; total program now $19M
NATURAL ALTERNATIVES INTERNATIONAL INC
- Board authorized $1.0M increase to stock repurchase plan, bringing total authorized to $19.0M.
- Approximately $1.2M remains available; 2.1M shares already repurchased under the plan.
- CEO cites stock trading below fair value; new Carlsbad facility expected operational early 2023.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved Election of one Class II director to serve until the next annual meeting of stockholders held to elect Class II directors and until such director's successor is elected and qualified at the 2022-12-02 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2022-12-02
Exact text from the filing
Election of one Class II director to serve until the next annual meeting of stockholders held to elect Class II directors and until such director's successor is elected and qualified: Alan G Dunn 3,040,433 210,045 — — 1,315,687
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers at the 2022-12-02 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2022-12-02
Exact text from the filing
To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers 3,035,687 — 120,515 94,286 1,315,687
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved An advisory, non-binding vote regarding the frequency of voting by the stockholders on the executive compensation of the Company's executive officers at the 2022-12-02 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2022-12-02
Exact text from the filing
An advisory, non-binding vote regarding the frequency of voting by the stockholders on the executive compensation of the Company's executive officers 28,767 1,315,687 One year 1,329,245 — — Two years 10,310 — — Three years 1,882,166 — —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NATURAL ALTERNATIVES INTERNATIONAL INC shareholders approved Ratification of the selection of Haskell & White LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2023 at the 2022-12-02 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2022-12-02
Exact text from the filing
Ratification of the selection of Haskell & White LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2023 4,555,840 — 8,207 2,128 —
View on SEC.gov
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