ASCENT INDUSTRIES CO. 8-K
Accession 0000095953-25-000132
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 2:53 PM ET
Size
188.2 KB
Accession
0000095953-25-000132
Research Summary
AI-generated summary of this filing
Ascent Industries Co. Announces Share Repurchase Program and 10b5-1 Plan
What Happened Ascent Industries Co. (ACNT) filed an 8-K on December 19, 2025 announcing a new stock repurchase program authorizing up to 2.0 million shares of common stock to be repurchased over a 24‑month period. The company also adopted a written Rule 10b5-1 trading plan, effective December 19, 2025, that authorizes purchases (up to the program limit) to be executed daily based on specified price targets and will cease on March 4, 2026. A press release announcing the program was issued on December 18, 2025.
Key Details
- Repurchase program size: up to 2.0 million shares of outstanding common stock over 24 months.
- Trading plan: effective Dec 19, 2025 through Mar 4, 2026; purchases executed daily per specified price targets and up to the program limit.
- Purchase mechanics: shares may be bought in the open market or through privately negotiated transactions by a broker; funded from available working capital.
- Treatment of repurchased shares: returned to authorized but unissued status or held in treasury; company may suspend or discontinue purchases at any time.
Why It Matters A formal repurchase program and an active Rule 10b5-1 plan give the company a structured way to buy back stock even during periods when ad-hoc trading could be restricted. Repurchases, if executed, can reduce shares outstanding and may support per‑share measures such as earnings per share. The company did not commit to a specific number of shares to be repurchased and will fund purchases from working capital; details of any repurchases will be reported in future Form 10-Q and Form 10-K filings.
Documents
- 8-Kacnt-20251216.htmPrimary
8-K
- EX-99.1acnt-stockrepurchasepr_121.htm
EX-99.1
- EX-101.SCHacnt-20251216.xsd
XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
- EX-101.LABacnt-20251216_lab.xml
XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
- EX-101.PREacnt-20251216_pre.xml
XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
- GRAPHICacnt-20251216_g1.jpg
GRAPHIC
- GRAPHICimage_0a.jpg
GRAPHIC
- XMLR1.htm
IDEA: XBRL DOCUMENT
- XMLShow.js
IDEA: XBRL DOCUMENT
- XMLreport.css
IDEA: XBRL DOCUMENT
- XMLFilingSummary.xml
IDEA: XBRL DOCUMENT
- JSONMetaLinks.json
IDEA: XBRL DOCUMENT
- ZIP0000095953-25-000132-xbrl.zip
IDEA: XBRL DOCUMENT
- XMLacnt-20251216_htm.xml
IDEA: XBRL DOCUMENT
Issuer
ASCENT INDUSTRIES CO.
CIK 0000095953
Related Parties
1- filerCIK 0000095953
Filing Metadata
- Form type
- 8-K
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 2:53 PM ET
- Size
- 188.2 KB