FLEXSTEEL INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Feb 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 5, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
On January 20, 2022, the Board of Directors approved a share repurchase program authorizing the Company to purchase up to $30 million of the Company’s common stock through January 19, 2025.
On December 11, 2024, the Board of Directors approved an additional share repurchase program authorizing the Company to purchase up to $30 million of the Company’s common stock.
The following table summarizes the activity of the common stock repurchases made during the three months ended December 31, 2024.
| Total Number | Average | Total Number of Shares | Approximate DollarValue of Shares | |
|---|---|---|---|---|
| of Shares | Price Paid | Purchased | that May Yet | |
| Period | Purchased | per Share | as Part of Plans | Be Purchased |
| October 1, 2024, to October 31, 2024 | — | $— | 1,485,274 | $2,115,634 |
| November 1, 2024, to November 30, 2024 | — | — | 1,485,274 | 2,115,634 |
| December 1, 2024, to December 31, 2024 | — | — | 1,485,274 | 32,115,634 |
| Three months ended December 31, 2024 | — | $— | 1,485,274 | $32,115,634 |
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