secwatch.observer — SEC 8-K summary
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Issuer:     eXp World Holdings, Inc. (EXPI)
CIK:        0001495932
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001558370-23-009529
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eXp World Holdings amends buyback plan with $500M cap, extended to Dec 2024
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- Total aggregate repurchase limit raised to $500M, including prior plans, with plan extended through Dec 31, 2024.
- Monthly repurchase caps set: May 2023 $17M, June $22M, July–Sept $18.67M/month, Oct–Dec $12M/month.
- Amendment entered May 11, 2023, modifying existing issuer repurchase plan with Stephens Inc.
- After Dec 2023, daily purchases limited to 25% of trailing 4-week ADTV per Rule 10b-18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495932/000155837023009529/0001558370-23-009529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495932/000155837023009529/expi-20230510x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-009529

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