---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-021509"
form_type: "8-K"
ticker: "GLGI"
cik: "0001088413"
company_name: "GREYSTONE LOGISTICS, INC."
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:25:47.400146+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Greystone Logistics authorizes $1M stock repurchase program over 12 months

## Summary
- Board approves up to $1M in common stock repurchases over 12 months, starting in Q2 fiscal 2024.
- Repurchases may occur in open market or via Rule 10b5-1 plans, subject to market conditions and discretion.
- CEO Warren Kruger cites Board confidence and strategic buybacks to enhance shareholder value.
- Company to fund repurchases from cash on hand and expected future free cash flow.

## SEC filing metadata
- accession: 0001437749-24-021509
- form_type: 8-K
- ticker: GLGI
- cik: 0001088413
- company_name: GREYSTONE LOGISTICS, INC.
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1088413/000143774924021509/0001437749-24-021509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1088413/000143774924021509/glgi20240627_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-021509
- JSON: https://secwatch.observer/filing/0001437749-24-021509.json
- Plain text: https://secwatch.observer/filing/0001437749-24-021509.txt

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