UNIVERSAL ELECTRONICS INC
For the period ended Mar 11, 2026. Filed Mar 12, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Mar 11, 2026 · Filed Mar 12, 2026
Contents
Share Repurchase Program
On March 11, 2026, the Company's Board of Directors (the“Board”) authorized an amendment to the Company’s Share Repurchase Program approved in October 2023 (as amended the “Share Repurchase Program”) to authorize the repurchase, from time to time, of up to an additional 1,000,000 shares of the Company's outstanding common stock, or a total of 1,013,556 shares (including the 13,556 shares remaining available for repurchase under the Share Repurchase Program). This authorization will remain in effect until such time as the Board terminates the authorization or the Share Repurchase Program is executed in full. The Company may utilize various methods to effect the repurchases, including in privately negotiated and/or open-market transactions, and pursuant to plans complying with Rule 10b5-1 promulgated under the Exchange Act. Neither this authorization nor the Share Repurchase Program obligates the Company to repurchase any shares of its common stock, and any repurchase of shares will be subject to market and other conditions and may be discontinued at any time.
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