Flexsteel Industries, Inc. Announces Share Repurchase Transaction
Flexsteel Industries, Inc. (FLXS)
US:NASDAQ Investor Relations:
flexsteel.com/content/investors
Company Research
Source: Business Wire
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today announced that it has entered into an agreement to repurchase approximately 1.28 million shares of its common stock at $47.00 per share from certain members of the Bertsch family, one of the Company’s founding families, in a privately negotiated transaction.The shares to be repurchased represent approximately 24% of the Company’s outstanding common stock for an aggregate purchase price of approximately $60.2 million. The purchase price represents a 2.5% discount to the closing share price on April 24, 2026.“This transaction aligns with our balanced capital allocation strategy and commitment to enhancing long-term shareholder value,” said Derek Schmidt, President and CEO. “We will continue to maintain a strong balance sheet and resilient operating model, and
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News
- Flexsteel Industries (FLXS) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b-)".MarketBeat
- Flexsteel Industries, Inc. (FLXS) Q3 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Flexsteel (FLXS) Q3 2026 Earnings Transcript [Yahoo! Finance]Yahoo! Finance
- Flexsteel (FLXS) Q3 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Flexsteel Industries Q3 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
FLXS
Earnings
- 4/20/26 - Beat
FLXS
Sec Filings
- 4/28/26 - Form SCHEDULE
- 4/28/26 - Form SCHEDULE
- 4/28/26 - Form SCHEDULE
- FLXS's page on the SEC website