{"url_path":"/sec/hoft/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds (1).","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-12","source_url":"https://www.sec.gov/Archives/edgar/data/1077688/0001185185-26-002495-index.html","accession_number":"0001185185-26-002495","cik":"0001077688","ticker":"HOFT","issuer_name":"HOOKER FURNISHINGS Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1077688/0001185185-26-002495-index.html","primary_entity_key":"0001077688","primary_entity_name":"HOOKER FURNISHINGS Corp"},"word_count":258,"has_tables":true,"body_markdown":"** **\n\nItem 2. Unregistered Sales of Equity Securities and Use of Proceeds (1).\n\n** **\n\n** **** **\n**Total\nNumber of\nShares\nPurchased**** **** **\n**Average\nPrice Paid\nPer Share**** **** **\n**Total\nNumber of\nShares\nPurchased\nAs Part of\nPublicly\nAnnounced\nProgram**** **** **\n**Maximum\nDollar Value\nof Shares\nThat May\nYet Be\nPurchased\nUnder The\nProgram**** **\n\n  \n    \n    \n    \n$5,000,000.00 \n\nFebruary 2, 2026 - March 8, 2026 \n -  \n -  \n -  \n 5,000,000 \n\nMarch 9, 2026 - April 5, 2026 \n -  \n -  \n -  \n 5,000,000 \n\nApril 6, 2026 - May 3, 2026 \n 7,615  \n 12.53  \n 7,615  \n 4,904,552 \n\n  \n    \n    \n    \n   \n\nTotal \n 7,615  \n$12.53  \n 7,615  \n   \n\n** **\n\n(1)In fiscal 2026 fourth quarter, our Board of Directors authorized the repurchase of up to $5 million of\nthe Company’s common shares. The authorization does not obligate us to acquire a specific number of shares during any period and\ndoes not have an expiration date, but it may be modified, suspended, or discontinued at any time at the discretion of our Board of Directors.\nRepurchases may be made from time to time in the open market, or through privately negotiated transactions or otherwise, in compliance\nwith applicable laws, rules and regulations, and subject to our cash requirements for other purposes, compliance with the covenants under\nthe loan agreement for our revolving credit facility and other factors we deem relevant.\n\n \n\nDuring the first quarter of fiscal 2027,\npursuant to a plan compliant with the safe harbors of Rules 10b5-1 and 10b-18, we used approximately $96,000 of the authorization to purchase\n7,615 of our common shares (at an average price of $12.53 per share), with approximately $4.9 million remaining available for future purchases\nunder the authorization."}