Core Viewpoint - Natural Health Trends Corp. has entered into an agreement to repurchase all shares owned by the George K. Broady family, representing approximately 25.5% of the company's outstanding shares, for about $5.9 million at $2.00 per share, which is part of a larger $70 million share repurchase program [1][2][3]. Group 1 - The George K. Broady 2012 Irrevocable Trust and the Eleanor Jane Broady 2012 Irrevocable Trust held 2,935,227 shares prior to the transaction, which the company has now repurchased [2]. - Following the repurchase, the total number of outstanding shares will be 8,577,848, and the company expects to have approximately $16 million remaining for future repurchases under the program [2][3]. - The repurchase is expected to reduce annual dividend requirements by approximately $1.2 million based on the current dividend rate [3]. Group 2 - The transaction was described as an efficient way to retire a large block of shares, addressing stock overhang and significantly reducing shares outstanding [4]. - The company emphasized that the shares repurchased were not part of the public float, and an open market sale would have been disruptive [5]. - The company remains committed to financial discipline, focusing on growing free cash flow, maintaining a healthy balance sheet, and returning cash to shareholders through dividends [5]. Group 3 - Natural Health Trends Corp. operates as an international direct-selling and e-commerce company, marketing premium personal care products under the NHT Global brand [6].