Skip to main content

Flexsteel sets rare stock buyback plan even as it slashes dividend, extends salary cuts

Flexsteel Industries Inc. announced Monday a stock repurchase program worth about 7% of its market capitalization, even as the residential furniture maker slashed its dividend and extended executive salary cuts as it looked to preserve cash amid the financial and business concerns created by the COVID-19 pandemic.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.