---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011104"
form_type: "8-K"
ticker: "EML"
cik: "0000031107"
company_name: "EASTERN CO"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:33:16.992547+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Eastern Company announces new share repurchase program of up to 200,000 shares through 2028

## Summary
- Board authorized repurchase of up to 200,000 shares through August 20, 2028.
- Program may use open market or structured repurchase agreements with third parties.
- Previous program (May 2018 – May 2023) had 140,000 of 200,000 shares repurchased.
- Chairman stated program aims to return value and minimize dilution from equity compensation.
- CEO emphasized commitment to shareholder returns as part of long-term growth strategy.

## SEC filing metadata
- accession: 0001654954-23-011104
- form_type: 8-K
- ticker: EML
- cik: 0000031107
- company_name: EASTERN CO
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31107/000165495423011104/0001654954-23-011104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31107/000165495423011104/eml_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011104
- JSON: https://secwatch.observer/filing/0001654954-23-011104.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011104.txt

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