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Get filing alertsSTRATTEC authorizes $40M share buyback program, replacing 30-year-old plan
Filed May 28, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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Board approved new $40 million share repurchase program on May 28, 2026, replacing the company's original buyback authorization from 1996. Purchases may occur through open market, private transactions, or Rule 10b5-1 plans.
Item 8.01 view on EDGAR → -
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The program does not obligate STRATTEC to repurchase any specific dollar amount or number of shares, giving management flexibility to execute based on market conditions and capital allocation priorities.
Item 8.01 view on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · May 28, 2026 · How we verify