Lifetime Brands, Inc. filed a Form 8-K on November 5, 2026, disclosing a Board-authorized increase to its share repurchase program and announcing third-quarter 2026 financial results via press release.

Key Highlights

  • Repurchase capacity reset to $20 million: The Board authorized an increase to the existing program so that the amount available for repurchase as of November 3, 2026 is $20 million, exclusive of fees and commissions.
  • Prior availability was approximately $11.1 million: Before the November 3, 2026 effective date, roughly $11.1 million remained available under the program.
  • No expiration date: According to the filing, the Repurchase Program does not have an expiration date and may be amended or terminated by the Board at any time without prior notice.
  • Shares outstanding: As of October 31, 2026, there were 22,984,460 shares of Common Stock outstanding.
  • Q3 2026 results announced: The company issued a press release on November 5, 2026 announcing results for the third quarter ended September 30, 2026, furnished as Exhibit 99.1.
  • Signed by CFO: The filing was signed by Laurence Winoker, Executive Vice President, Treasurer and Chief Financial Officer.

Lifetime Brands Board Increases Buyback Program to $20 Million on November 3, 2026

Lifetime Brands, Inc. (NASDAQ:LCUT) reported two separate disclosures in this Form 8-K. Under Item 8.01, the company disclosed that its Board of Directors authorized an increase to its previously-authorized share repurchase program, effective November 3, 2026, bringing the total amount of common stock available for repurchase to $20 million, exclusive of fees and commissions. Prior to that date, approximately $11.1 million had remained available under the program.

According to the filing, repurchases under the program may be conducted through "a variety of methods, including open market purchases, which may or may not be pursuant to Rule 10b5-1 trading plans, privately negotiated transactions, accelerated share repurchases, block trades, tender offers, or any combination of such methods." The filing further noted that the timing and amount of any repurchases "will depend on a variety of factors including, but not limited to, the share price, market conditions, corporate considerations, business opportunities, debt agreements, and regulatory requirements." As of October 31, 2026, 22,984,460 shares of Common Stock were outstanding.

Under Item 2.02, the company disclosed that it issued a press release on November 5, 2026 announcing results for the third quarter ended September 30, 2026. That press release was furnished as Exhibit 99.1 and incorporated by reference into the filing. The filing noted that the information in Item 2.02, including the exhibit, "is being furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934." The filing was signed by Laurence Winoker, Executive Vice President, Treasurer and Chief Financial Officer.

What Was Disclosed

Lifetime Brands disclosed a Board-authorized increase to its share repurchase program, setting available capacity at $20 million as of November 3, 2026, and separately furnished a press release covering third-quarter 2026 operating results for the period ended September 30, 2026.