Business Context and Reporting Period
Company: The Boston Beer Company, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: August 10, 2009
Event: Regulation FD Disclosure regarding a change in the Stock Repurchase Program.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a corporate action regarding share repurchases.
Material Changes
- Stock Repurchase Program Limit Increase: The Board of Directors increased the aggregate expenditure limit for the Company's Stock Repurchase Program by $20,000,000.
- New Limit: The total limit was raised from $120,000,000 to $140,000,000.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, specific risk factors, or contingencies beyond the disclosed increase in the repurchase authorization.
Key Facts for Investor Verification
- Verify the current number of shares remaining available for repurchase under the new $140,000,000 limit.
- Confirm the Company's current cash position to assess the ability to fund the increased repurchase authorization.
- Review subsequent filings for actual share repurchase activity executed under this expanded limit.