UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01Regulation FD Disclosure
On March 15, 2022, Winmark Corporation (the “Company”) repurchased 100,000 shares of its common stock in a block trade from an institutional shareholder at $223.50 per share under its existing share repurchase authorization. The aggregate purchase price of $22.35 million will be paid with cash on hand and borrowings under the Company’s revolving line of credit.
Item 8.01Other Events
On March 15, 2022, the Company repurchased 100,000 shares of its common stock in a block trade from an institutional shareholder at $223.50 per share under its existing share repurchase authorization. The aggregate purchase price of $22.35 million will be paid with cash on hand and borrowings under the Company’s revolving line of credit.
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.
WINMARK CORPORATION | ||
Date: March 16, 2022 | By: | /s/ Anthony D. Ishaug |
Anthony D. Ishaug | ||
Chief Financial Officer and Treasurer |