Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities
−Removed: The following table summarizes the stock repurchase activity by or on behalf of the Company or any “affiliated purchaser,”
−Removed: as defined by Rule 10b-18(a)(3) of the Exchange Act, for the three months ended August 26, 2023 and the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
−Removed: Total Number of Shares
−Removed: Purchased as Part of
−Removed: Publicly Announced Plans
−Removed: or Programs (1)
−Removed: Approximate Dollar Value of
−Removed: Shares that May Yet Be
−Removed: Purchased Under the Plans
−Removed: or Programs (1)
−Removed: May 28, 2023 - July 1, 2023
−Removed: July 2, 2023 - July 29, 2023
−Removed: July 30, 2023 - August 26, 2023
The Company is authorized to repurchase Company stock under a plan which was originally announced in 1998.
On March 9, 2022, the Board of Directors increased the remaining limit of the repurchase plan to $40,000.
−Removed: At August 26, 2023, $21,943 remained available for share repurchases under the plan.
+Added: We did not repurchase any shares pursuant to the plan during the quarter ended March 2, 2024.
+Added: At March 2, 2024, $21,823 remained available for share repurchases under the plan.
Defaults Upon Senior Securities
−Removed: Exhibit 3a –
−Removed: Articles of Incorporation as amended to date are incorporated herein by reference to the Exhibit to Form 10-Q for the fiscal quarter ended February 28, 1994.
−Removed: Exhibit 3b –
−Removed: By-laws as amended to date are incorporated herein by reference to Exhibit 3.1 to Form 8-K filed with the SEC on November 23, 2022.
−Removed: Exhibit 4 –
−Removed: Registrant hereby agrees to furnish the SEC, upon request, other instruments defining the rights of holders of long-term debt of the Registrant.
−Removed: Exhibit 31a –
−Removed: Chief Executive Officer’s certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
−Removed: Exhibit 31b –
−Removed: Chief Financial Officer’s certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
−Removed: Exhibit 32a –
−Removed: Chief Executive Officer’s certification pursuant to 18 U.S.C.
+Added: Exhibit 3a – Articles of Incorporation as amended to date are incorporated herein by reference to the Exhibit to Form 10-Q for the fiscal quarter ended February 28, 1994.
+Added: Exhibit 3b – By-laws as amended to date are incorporated herein by reference to Exhibit 3.1 to Form 8-K filed with the SEC on January 16, 2024.
+Added: Exhibit 4 – Registrant hereby agrees to furnish the SEC, upon request, other instruments defining the rights of holders of long-term debt of the Registrant.
+Added: Exhibit 31a – Chief Executive Officer’s certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Exhibit 31b – Chief Financial Officer’s certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Exhibit 32a – Chief Executive Officer’s certification pursuant to 18 U.S.C.
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: Exhibit 32b –
−Removed: Chief Financial Officer’s certification pursuant to 18 U.S.C.
+Added: Exhibit 32b – Chief Financial Officer’s certification pursuant to 18 U.S.C.
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: PART II - OTHER INFORMATION
−Removed: BASSETT FURNITURE INDUSTRIES, INCORPORATED AND SUBSIDIARIES
−Removed: AUGUST 26, 2023
−Removed: (Dollars in thousands except share and per share data)
Exhibit 101.INS Inline XBRL Instance
8 unchanged sentences
Spilman, Jr., Chairman and Chief Executive Officer
−Removed: September 28, 2023
+Added: April 3, 2024
Michael Daniel
Michael Daniel, Senior Vice President and Chief Financial Officer
−Removed: September 28, 2023
+Added: April 3, 2024
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.