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STRATTEC SECURITY CORP (STRT) filed an 8-K current report with the SEC on May 28, 2026 reporting Item 7.01 (Regulation FD Disclosure). New $40.0 million authorization replaces the prior program initiated in 1996.
STRATTEC SECURITY CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- New $40.0 million authorization replaces the prior program initiated in 1996
- Repurchases may occur through open-market, private transactions, or Rule 10b5-1 plans
- Authorization is discretionary, with timing dependent on stock price, volume, and market conditions
- Potentially supports per-share value, but actual capital return depends on execution and available liquidity
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