Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

______________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of report (Date of earliest event reported): February 13, 2019


HNI Corporation
(Exact Name of Registrant as Specified in Charter)


Iowa
1-14225
42-0617510
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)


600 East Second Street, P.O. Box 1109, Muscatine, Iowa 52761-0071
(Address of Principal Executive Offices, Including Zip Code)


Registrant’s telephone number, including area code: (563) 272-7400


                    N/A            
(Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2.):

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))

 

 





Section 8 - Other Events
Item 8.01 Other Events.

On February 13, 2019, HNI Corporation's Board of Directors (the “Board”) approved additional expenditures of up to $200 million to repurchase HNI Corporation’s (the “Corporation”) outstanding shares of Common Stock from time to time under the Corporation's share repurchase program (the “Program”). As of February 13, 2019, the Corporation had $38 million remaining authorization under the Program, bringing the total authorization to $238 million following approval of the increase. The Program does not have an expiration date and does not obligate the Corporation to purchase any shares. The authorization for the Program may be terminated, increased or decreased by the Board at any time.































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.
                        

 
 
 
HNI CORPORATION
Date:
 February 13, 2019
 
By
/s/ Marshall H. Bridges
 
 
 
 
Marshall H. Bridges
Senior Vice President and Chief Financial Officer