Schmitt Industries Just Filed Its Quarterly Report: NOTE 9: SUBSEQUENT E...

NOTE 9:
SUBSEQUENT EVENTS
On December 3, 2019, the Company announced that its Board of Directors authorized a share repurchase plan to buy up to $2 million of its
C
ommon
S
tock. The Company intends to purchase shares from time to time through open market and private transactions in accordance with Securities and Exchange Commission rules. The
p
lan is authorized through December 16, 2020.
On December 1
7
, 2019, the Company acquired 365,490 shares of Common Stock (the “Shares”) at $3.25 per share from Walter Brown Pistor (the “Acquisition”).

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Tender offer statement by Issuer - June 11, 2020
Other Events - June 11, 2020

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