secwatch.observer — SEC 8-K summary
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Issuer:     NATURAL ALTERNATIVES INTERNATIONAL INC (NAII)
CIK:        0000787253
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001437749-22-028466
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NAI Board authorizes additional $1M share buyback; total program now $19M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/0001437749-22-028466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/787253/000143774922028466/naii20221205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-028466

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