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): August 27, 2019
THE DIXIE GROUP, INC.
(Exact name of Registrant as specified in its charter)
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| Tennessee | | 0-2585 | | 62-0183370 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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| 475 Reed Road Dalton, Georgia | | 30720 |
| (Address of principal executive offices) | | (zip code) |
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| (706) 876-5800 |
| (Registrant's telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On August 27, 2019, the Company entered into a Plan, pursuant to the Securities and Exchange act Rule 10b5-1, to facilitate repurchase of up to $5.9 million of its shares pursuant to a repurchase authorization approved by its Board of Directors. Subject to the requirements of Rule 10b5-1, the repurchase Plan permits the purchase of up to $5.9 million of its shares contingent upon completion of the sale of the Santa Ana Susan Street facility and continuing until March 2020. Purchases will be conducted to come within Rule 10b-18, and will be managed by Raymond James & Associates. The plan may be amended or terminated at any time in accordance with the Rule.
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.
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| Date: August 28, 2019 | | THE DIXIE GROUP, INC. |
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| | | /s/ Jon A. Faulkner |
| | | Jon A. Faulkner |
| | | Chief Financial Officer |
