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Note 24 - Repurchase of Common Stock
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Treasury Stock [Text Block]

NOTE 24 – REPURCHASE OF COMMON STOCK

 

On February 29, 2024, the Board of Directors authorized a stock repurchase plan providing for the repurchase of up to 1,000,000 shares of our common stock through March 31, 2026, which was completed by December 31, 2024. We repurchased 1,036,750 shares of common stock for a total of $20.7 million at a weighted average share price of $19.77 during 2024.

 

On April 22, 2021, March 16, 2022 and June 14, 2022, the Board of Directors approved a stock repurchase program to buy back up to an aggregate of 500,000 shares of our common stock for each authorization date.

 

In 2023, we repurchased 396,374 shares of common stock for a total of $6.8 million at a weighted average share price of $17.02. In 2022, we repurchased 902,526 shares of common stock for a total of $19.8 million at a weighted average share price of $21.96.