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Note 11 - Treasury Stock and Repurchase Program

6 Months Ended

Oct. 31, 2024

Notes to Financial Statements

Treasury Stock [Text Block]

Note 11 - Treasury Stock and Repurchase Program:

During October 2022, the Company's Board of Directors approved a renewal of a share repurchase program authorizing the repurchase of shares of the Company’s common stock up to an aggregate purchase price of $3,000,000. 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 price limit and no expiration date. There is a remainder of $1,033,000 before the authorized limit is reached.

Treasury stock, at cost, consists of the following:

(in thousands except for shares and cost per share)		Shares				Cost Assigned				Average Cost per Share				Aggregate Purchase Price Remaining Under the Program
Balance as of July 31, 2024			581,926			$	15,372			$	26.42			$	1,033
Purchases effected in open market during the months ended:
August 31, 2024			-			$	-				-				1,033
September 30, 2024			-			$	-				-				1,033
October 31, 2024			-			$	-				-				1,033
Balance as of October 31, 2024			581,926			$	15,372			$	26.42			$	1,033