secwatch.observer — SEC 8-K summary
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Issuer:     Crimson Wine Group, Ltd (CWGL)
CIK:        0001562151
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001562151-23-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562151/000156215123000006/0001562151-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562151/000156215123000006/cwgl-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001562151-23-000006

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