Material Event Form 8 K

On September 17, 2024, the Board of Directors of Tandy Leather Factory, Inc. (the "Company") approved the renewal of the Company's program to repurchase shares of its common stock on the open market; the previously-approved program, adopted in August 2022, had expired on August 31, 2024. Under the renewed program, the Company may repurchase up to $5.0 million of the Company's common stock in open market transactions on or prior to September 30, 2026.

Forward Looking Statements

Certain statements contained in this report and other materials the Company files with the SEC, as well as information included in oral statements or other written statements made or to be made by the Company, other than statements of historical fact, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as "may," "will," "could," "should," "anticipate," "believe," "budgeted," "expect," "intend," "plan," "project," "potential," "estimate," "continue," "outlook," "forecast" or "future," variations thereof or other similar statements. Please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 for additional information concerning these and other uncertainties that could negatively impact the Company. The Company assumes no obligation to update or otherwise revise its forward-looking statements, except as required by law.