Tranche Update on HNI Corporation's Equity Buyback Plan announced on November 9, 2007.
August 03, 2021 at 08:27 am EDT
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From April 4, 2021 to July 3, 2021, the company has repurchased 155,914 shares, representing 0.36% for $6.72 million. With this, the company has completed the repurchase of 11,904,875 shares, representing 26.87% for $448.5 million under the buyback announced on November 9, 2007.
HNI Corporation is a provider of workplace furnishings and residential building products. The workplace furnishings segment manufactures and markets a line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and social collaborative items. The residential building products segment manufactures and markets a range of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. Its products are sold primarily through independent dealers, office product distributors, eCommerce retailers, and wholesalers but also directly to end-user customers and federal, state, and local governments. Its brands include HON, Allsteel, Beyond, Dâstyle, Gunlocke, Kimball, HBF, HBF Textiles and HNI India. It exports select products through its export subsidiary to North America, principally the Caribbean, Latin America, and Mexico.
HNI CORPORATION 
