Item 2.02. Results of Operations and Financial Condition
On August 3, 2022, Hennessy Advisors, Inc. issued a press release announcing its
financial results for the fiscal quarter ended June 30, 2022. A copy of the
press release is being furnished as Exhibit 99.1 to this Current Report on
Form 8K and is incorporated by reference herein.
Item 7.01. Regulation FD Disclosure
On August 3, 2022, the Company issued a press release announcing that it had
declared a cash dividend of $0.1375 per share on its common stock. The cash
dividend is payable August 31, 2022, to shareholders of record at the close of
business on August 16, 2022. A copy of the press release is being furnished as
Exhibit 99.1 to this Current Report on Form 8K and is incorporated by reference
herein.
Item 8.01. Other Events
The Board of Directors of the Company approved increasing the number of shares
that may be repurchased under its stock buyback program to a total of
2,000,000 shares of the Company’s common stock (which represents an increase of
500,000 shares). Share repurchases may be made in the open market, in privately
negotiated transactions, or otherwise. Following this increase, a total of
1,096,368 shares remain available for repurchase under the stock buyback
program. A copy of the press release is being furnished as Exhibit 99.1 to this
Current Report on Form 8K and is incorporated by reference herein.
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