Tranche Update on Herman Miller, Inc.'s Equity Buyback Plan announced on July 31, 2007.
October 06, 2021 at 04:02 pm EDT
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From May 30, 2021 to August 28, 2021, the company has repurchased 259,663 shares, representing 0.44% for $11.03 million. With this, the company has completed the repurchase of 14,210,132 shares, representing 22.77% for $424.52 million under the buyback announced on July 31, 2007.
MillerKnoll, Inc. is engaged in the research, design, manufacture, selling and distribution of seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services. The Company's segments include Americas Contract, International Contract & Specialty, and Global Retail. The Americas Contract segment includes the operations associated with the design, manufacture and sale of furniture products directly or indirectly through an independent dealership network for office, healthcare, and educational environments throughout North and South America. The International Contract & Specialty segment includes the operations associated with the design, manufacture and sale of furniture products, directly or indirectly through an independent dealership network. The Global Retail segment includes operations associated with the sale of modern design furnishings and accessories to third party retailers.