Unregistered Sales of Equity Securities and Use of Proceeds (1).
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid Per Share
−Removed: Total Number of Shares Purchased As Part of Publicly Announced Program
−Removed: Maximum Dollar Value of Shares That May Yet Be Purchased Under The Program
−Removed: January 30, 2023 - March 5, 2023
−Removed: March 6, 2023 - April 2, 2023
−Removed: April 3, 2023 - April 30, 2023
+Added: Total Number of
+Added: Shares Purchased As
+Added: Part of Publicly
+Added: Announced Program
+Added: Maximum Dollar
+Added: Value of Shares
+Added: That May Yet Be
+Added: Purchased Under
+Added: May 1, 2023 - June 4, 2023
+Added: June 5, 2023 - July 2, 2023
+Added: July 3, 2023 - July 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: 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.
−Removed: See Note 14 to our Condensed Consolidated Financial Statement “Additional Share Repurchase Authorization” herein for an update on our share repurchase program.
−Removed: 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.
−Removed: 000-25349) for the quarter ended October 31, 2021)
−Removed: Amended and Restated Bylaws of the Company, as amended December 10, 2013 (incorporated by reference to Exhibit 3.2 to the Company’s Annual Report on Form 10-K (SEC File No.
−Removed: 000-25349) for the year ended February 2, 2014)
−Removed: Articles of Incorporation of the Company, as amended (See Exhibit 3.1)
−Removed: Amended and Restated Bylaws of the Company, as amended (See Exhibit 3.2)
−Removed: Rule 13a-14(a) Certification of the Company’s principal executive officer
−Removed: Rule 13a-14(a) Certification of the Company’s principal financial officer
−Removed: Rule 13a-14(b) Certification of the Company’s principal executive officer and principal financial officer pursuant to 18 U.S.C.
−Removed: Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: Interactive Data Files (formatted as Inline XBRL)
−Removed: Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
−Removed: *Filed herewith
−Removed: ** Furnished herewith
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: HOOKER FURNISHINGS CORPORATION
−Removed: Chief Financial Officer and
−Removed: Senior Vice President – Finance and Accounting
+Added: In fiscal 2024 second quarter, our Board of Directors approved an additional $5 million for the repurchase of our common shares, adding to the $20 million authorization it approved in fiscal 2023.
+Added: During the first half of fiscal 2024, we used approximately $8.7 million of the authorization to purchase 473,463 of our common shares (at an average price of $18.29 per share), with approximately $3.0 million remaining available for future purchases under the authorization as of the end of the fiscal 2024 second quarter.
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.