Company: CULP
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0000950170-25-035191
Chunk: 115

Company: CULP INC
Filing Date: 2025-03-07
Form: 10-Q
Item: Item 4
Chunk 115
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 assurance that such trends will abate, nor can we offer assurance that the U.S. Department of Commerce can effectively limit the dumping of low-priced imports into the U.S. market.

If supply chains are moved out of China to countries without anti-dumping duties and producers continue to supply low-priced imports in violation of U.S. trade laws, and if illegal transshipments are not monitored and enforcement is not effective to limit them, these shipments could have a material adverse effect on the company’s business, financial condition, results of operations or cash flows. 

II-1 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

ISSUER PURCHASES OF EQUITY SECURITIES

    (c)

    (d)

    Total Number of

    Approximate

    (a)

    Shares Purchased

    Dollar Value of

    Total

    (b)

    as Part of

    Shares that May

    Number

    Average

    Publicly

    Yet Be Purchased

    of Shares

    Price Paid

    Announced Plans

    Under the Plans or

    Period
     
    Purchased

    per Share

    or Programs

    Programs (1)

    October 28, 2024 to December 1, 2024

    —

    —

    —

    $
    3,248,094

    December 2, 2024 to December 29, 2024

    —

    —

    —

    $
    3,248,094

    December 30, 2024 to January 26, 2025

    —

    —

    —

    $
    3,248,094

    Total

    —

    —

    —

    $
    3,248,094

(1)In March 2020, our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock.