Tranche Update on Herman Miller, Inc.'s Equity Buyback Plan announced on July 31, 2007.
January 05, 2021 at 02:31 am IST
Share
From August 30, 2020 to November 28, 2020, the company has repurchased 1,198 shares, representing 0.002034% for $0.04 million. With this, the company has completed the repurchase of 13,949,379 shares, representing 22.33% for $413.24 million under the buyback announced on July 31, 2007.
MillerKnoll, Inc. is engaged in the research, design, manufacture, selling and distribution of seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services. The Company's segments include Americas Contract, International Contract & Specialty, and Global Retail. The Americas Contract segment includes the operations associated with the design, manufacture and sale of furniture products directly or indirectly through an independent dealership network for office, healthcare, and educational environments throughout North and South America. The International Contract & Specialty segment includes the operations associated with the design, manufacture and sale of furniture products, directly or indirectly through an independent dealership network. The Global Retail segment includes operations associated with the sale of modern design furnishings and accessories to third party retailers.