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SHARE REPURCHASE PROGRAMS | 12 Months Ended
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Oct. 31, 2019
SHARE REPURCHASE PROGRAMS [Abstract] |
SHARE REPURCHASE PROGRAMS | NOTE 19 – SHARE REPURCHASE PROGRAMS In August 2019, the Company’s board of directors authorized the repurchase of up to $100 million of its common stock, pursuant to a repurchase plan under Rule 10b5-1 of the Securities Act of 1933 (as amended). In October 2018, the Company’s board of directors authorized the repurchase of up to $25 million of its common stock, to have been executed in open-market transactions or in accordance with a repurchase plan under Rule 10b5-1 of the Securities Act of 1933 (as amended). The share repurchase program commenced on October 22, 2018, and was terminated on February 1, 2019. In July 2018, the Company’s Board of Directors authorized the repurchase of up to $20 million of its common stock, to have been executed in open-market transactions or in accordance with a repurchase plan under Rule 10b5-1 of the Securities Act of 1933 (as amended). The share repurchase program commenced on July 10, 2018, and was completed in October 2018, when the authorized amount was exhausted. All of the shares purchased under the above repurchase programs were retired in fiscal year 2019. The Table below presents information on the repurchase programs.
|  | Fiscal Year 2019 Purchases |  |  | Fiscal Year 2018 Purchases |  |  | Total Purchases Under Programs |
Number of shares repurchased |  |  | 2,133 |  |  |  | 2,558 |  |  |  | 4,691 |
Cost of shares repurchased |  | $ | 21,696 |  |  | $ | 23,111 |  |  | $ | 44,807 |
Average price paid per share |  | $ | 10.17 |  |  | $ | 9.04 |  |  | $ | 9.55 |

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- Definition The entire disclosure for share repurchase programs and preferred stock purchase rights. + References No definition available. + Details
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