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Flexsteel将从创始家族回购6000万美元股票
2026-04-27 20:11
- Flexsteel Industries (FLXS) on Monday said it has agreed to repurchase about 1.28 million shares, or roughly 24% of its outstanding stock, from members of the Bertsch family for approximately $60.2 million.
- The shares will be bought at $47.00 each, representing a 2.5% discount to the April 24 closing price, in a privately negotiated transaction.
- The furniture maker said the buyback will be funded through a mix of existing cash and borrowings under its revolving credit facility, and is expected to close on April 28, 2026.
- Following the transaction, director Brooks Bertsch will resign from the company’s board.
- FLXS -3.92% after hours to $46.31.
- Source: Press Release
More on Flexsteel
- Flexsteel: Not The Most Compelling Investment, But Not Averse To It Either
- Flexsteel Industries, Inc. (FLXS) Q3 2026 Earnings Call Transcript
- Flexsteel: Thriving In A Turbulent Industry Environment
- Flexsteel anticipates Q4 sales relatively flat with operating margins similar to Q3 amid rising energy and foam input pressures
- Flexsteel signals margin pressure ahead as tariffs reshape cost structure and demand
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