other material
confidence high
sentiment positive
materiality 0.65
Crimson Wine Group repurchases 800K shares for $5M; directors also buy
Crimson Wine Group, Ltd
- Company repurchased 800,000 shares from MFP Investors LLC at $6.25/share for $5M total.
- Shares repurchased were retired; funded with cash on hand.
- Directors John D. Cumming and Joseph S. Steinberg each bought 171,300 shares at $6.25/share (~$1.1M each).