other material
confidence high
sentiment positive
materiality 0.55
Superior Group of Companies authorizes $10M stock repurchase plan over 12 months
SUPERIOR GROUP OF COMPANIES, INC.
- Board approved new $10M stock repurchase plan, replacing previous May 2019 plan.
- Prior plan authorized up to 750k shares; only 92,549 shares were repurchased.
- Repurchases may be via open market, privately negotiated, block trades, or Rule 10b5-1 plans.
- Shares repurchased may be reissued for employee benefit plans and corporate purposes.
- Plan has 12-month duration; may be modified, suspended, or terminated without notice.