Business Context and Reporting Period
Company: Coffee Holding Co., Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 13, 2007
Principal Executive Offices: 4401 First Avenue, Brooklyn, New York
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on a corporate action regarding share repurchases.
Material Changes
The Board of Directors authorized a new stock repurchase plan on April 13, 2007. Key details include:
- Authorization Limit: Up to 5.0% of common stock outstanding as of April 12, 2007.
- Share Count: Approximately 276,491 shares.
- Method: Purchases may be made in open market or private transactions.
- Duration: The plan has no expiration date.
- Conditions: Size and timing depend on price, market, and business conditions.
Guidance, Outlook, and Risks
The filing does not provide specific financial guidance, outlook, or risk factors beyond the general statement that repurchase timing depends on market conditions. No unusual items or contingencies were disclosed in this report.
Investor Verification Checklist
- Verify the total number of shares outstanding as of April 12, 2007, to confirm the 276,491 share limit represents exactly 5.0%.
- Monitor subsequent filings (e.g., Form 10-Q or 10-K) for actual execution of the repurchase plan.
- Review the attached press release (Exhibit 99.1) for any additional qualitative commentary not included in the 8-K text.