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Note 11 - Treasury Stock and Repurchase Program
 3 Months Ended
Jul. 31, 2020
Notes to Financial Statements  
Treasury Stock [Text Block]
Note
11
- Treasury Stock and Repurchase Program:
 
On
April 17, 2020,
the Company's Board of Directors approved a share repurchase program authorizing the repurchase of shares of the Company's common stock up to an aggregate purchase price of
$2,000,000.
The repurchases
may
be made from time to time on the open market at prevailing market prices, in negotiated transactions off the market, in block purchases or otherwise. The repurchase program
may
be suspended or discontinued at any time at the Company's discretion and has
no
set expiration date.
No
purchases were made under this new program through
July 31, 2020.
 
Treasury stock, at cost, consists of the following:
 
(in thousands except for shares and cost per share)
  
Shares
    
Total Average Cost Assigned
    
Average Cost per Share
    
Aggregate Purchase Price Remaining Under the Program
  
Balance as of April 30, 2020
    
383,279
     $
5,957
     $
15.54
     $
2,000
  
Purchases effected in open market during the months ended:
                                
                                 
May 31, 2020
    
-
      
-
      
-
      
2,000
  
June 30, 2020
    
-
      
-
      
-
      
2,000
  
July 31, 2020
    
-
      
-
      
-
      
2,000
  
Balance as of July 31, 2020
    
383,279
     $
5,957
     $
15.54
     $
2,000