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Stock Repurchases
12 Months Ended
May 31, 2022
Stock Repurchases
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. Stock Repurchases
In October 2018, the Company’s Board of Directors authorized a program to purchase, subject to market conditions, up to
 6,000,000 shares of the Company’s common stock. In December 2018, the Company purchased 100,000 shares under the new program in open market transactions for a total price, including commissions, of $3,134,727. Shares acquired under the program were retired. A total of 5,900,000 shares of common stock remained available for repurchase under this program as of May 31, 2022.