Unregistered Sales of Equity Securities and Use of Proceeds (1).
−Removed: Total Number of
−Removed: Shares Purchased As
−Removed: Part of Publicly
−Removed: Announced Program
−Removed: Maximum Dollar
−Removed: Value of Shares
−Removed: That May Yet Be
−Removed: Purchased Under
−Removed: August 1, 2022 - September 4, 2022
−Removed: September 5, 2022 - October 2, 2022
−Removed: October 3, 2022 - October 30, 2022
+Added: Total Number of Shares Purchased
+Added: Average Price Paid Per Share
+Added: Total Number of Shares Purchased As Part of Publicly Announced Program
+Added: Maximum Dollar Value of Shares That May Yet Be Purchased Under The Program
+Added: January 30, 2023 - March 5, 2023
+Added: March 6, 2023 - April 2, 2023
+Added: April 3, 2023 - April 30, 2023
On June 6, 2022, our Board of Directors authorized the repurchase of up to $20 million of the Company’s common shares.
1 unchanged sentence
Repurchases may be made from time to time in the open market, or through privately negotiated transactions or otherwise, in compliance with applicable laws, rules and regulations, and subject to our cash requirements for other purposes, compliance with the covenants under the loan agreement for our revolving credit facility and other factors we deem relevant.
−Removed: Through the third quarter of fiscal 2023, we had used approximately $9.4 million of the authorization to purchase 598,165 of our common shares (at an average price of $15.63 per share), with approximately $10.6 million remaining available for future purchases under the authorization as of the end of the fiscal 2023 third quarter.
+Added: During the first quarter of fiscal 2024, we used approximately $4.3 million of the authorization to purchase 227,330 of our common shares (at an average price of $18.99 per share), with approximately $2.3 million remaining available for future purchases under the authorization as of the end of the fiscal 2024 first quarter.
+Added: See Note 14 to our Condensed Consolidated Financial Statement “Additional Share Repurchase Authorization” herein for an update on our share repurchase program.
Articles of Incorporation of the Company, as amended as of September 16, 2021 (incorporated by reference to Exhibit 3.1 to the Company’s Quarterly Report on Form 10-Q (SEC File No.
14 unchanged sentences
HOOKER FURNISHINGS CORPORATION
−Removed: December 8, 2022
Chief Financial Officer and
1 unchanged sentence
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.