Item 8.01 Other Events
(c) On January 25, 2013, Delta Apparel, Inc. (the "Company") issued a press
release announcing that the Company's Board of Directors has authorized an
increase in its share repurchase program to repurchase an additional $10
million of its common stock in open market transactions. Prior to the
Board's action, $2.0 million remained of the original $20 million
authorization under the Company's share repurchase program.
The Company intends to make any stock repurchases pursuant to SEC Rule 10b-18.
The timing and the number of shares repurchased will depend upon a variety of
factors such as price, corporate and regulatory requirements, alternative
investment opportunities and other market and economic conditions, and share
repurchases may be suspended or discontinued at any time.
A copy of the press release is attached hereto as Exhibit 99.1.