other material
confidence high
sentiment positive
materiality 0.50
Crimson Wine Group authorizes $4M share buyback at up to $9.00 per share
Crimson Wine Group, Ltd
- Board authorized repurchase of up to $4,000,000 of common stock, with maximum price of $9.00 per share.
- Adopted a 10b5-1 plan on March 23, 2022, effective March 24, 2022, for pre-arranged purchases.
- Daily purchases limited to 25% of average daily trading volume over the prior four calendar weeks.
- Repurchases will be funded with available cash and comply with Rule 10b-18.