SEC Form 8-K filed by Sally Beauty Holdings Inc. (Name to be changed from Sally Hold
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 8.01. | Other Events. |
In 2017, the Board of Directors of Sally Beauty Holdings, Inc. (the “Company”) approved a share repurchase program authorizing the Company to repurchase up to $1.0 billion of its common stock through September 30, 2021. In 2021, the Board approved a term extension of the share repurchase program for the four-year period ending September 30, 2025. To date, the Company has repurchased $498.9 million of its common stock under the share repurchase program.
On May 6, 2025, the Board approved a term extension of the share repurchase program for an additional four-year period ending September 30, 2029. Under this extension the Company is authorized to purchase its common stock up to the amount remaining under the Board’s 2017 authorization, which is currently $501.1 million.
Repurchases will be made in compliance with all U.S. Securities and Exchange Commission rules, including Rule 10b-18, and other legal requirements, and may be made in part under Rule 10b5-1 plans, which permit stock repurchases when the Company might otherwise be precluded from doing so.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SALLY BEAUTY HOLDINGS, INC. | ||||||
| May 12, 2025 | By: | /s/ Denise Paulonis | ||||
| Name: | Denise Paulonis | |||||
| Title: | President and Chief Executive Officer | |||||