secwatch.observer — SEC 8-K summary
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Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001437749-24-005497
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows board authorizes $40M stock buyback program, replacing prior program
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- New $40M buyback program starts Feb 23, 2024, expires Feb 22, 2025; shares retired.
- Replaces prior $40M program from Feb 10, 2023, which has been terminated.
- Purchases on Nasdaq open market; timing and amount at company discretion.
- Funding from working capital and existing credit facilities; no insider purchases.
- As of Feb 21, 2024, shares outstanding were 10,936,673.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774924005497/0001437749-24-005497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774924005497/tcx20240223_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-005497

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