---
schema_version: "secwatch.filing_event.v1"
accession: "0001562151-23-000006"
form_type: "8-K"
ticker: "CWGL"
cik: "0001562151"
company_name: "Crimson Wine Group, Ltd"
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:34:13.725368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crimson Wine Group authorizes repurchase of up to 2M shares at max $7.00 per share

## Summary
- Board authorized repurchase of up to 2,000,000 shares of common stock.
- Company adopted a 10b5-1 plan for repurchases beginning March 31, 2023.
- Maximum purchase price per share is $7.00; daily volume limited to 25% of 4-week average.
- Repurchases will be funded with available cash; timing depends on market conditions.

## SEC filing metadata
- accession: 0001562151-23-000006
- form_type: 8-K
- ticker: CWGL
- cik: 0001562151
- company_name: Crimson Wine Group, Ltd
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000006/0001562151-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000006/cwgl-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562151-23-000006
- JSON: https://secwatch.observer/filing/0001562151-23-000006.json
- Plain text: https://secwatch.observer/filing/0001562151-23-000006.txt

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