secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR GROUP OF COMPANIES, INC. (SGC)
CIK:        0000095574
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001437749-24-025949
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Group of Companies authorizes $10M stock repurchase plan over 12 months
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95574/000143774924025949/0001437749-24-025949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95574/000143774924025949/sgc20240809_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-025949

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