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Share Repurchase Program

6 Months Ended

Jun. 29, 2024

Note I – Share Repurchase Program

On August 21, 2023, the Company announced that the Board had approved a new share repurchase program authorizing the Company to repurchase up to 200,000 shares of the Company’s common stock through August 20, 2028. The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share. Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

Below is a summary of the Company’s shares repurchased during the second quarter of 2024 under the share repurchase program.

Period

Total Number of Shares Purchased

Average Price Paid Per Share

Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs

Maximum Number of Shares that may yet be Purchased Under the Plans

or Programs

Balance as of March 30, 2024

50,076

19.38

50,076

149,924

March 31, 2024 – June 29, 2024

10,000

24.73

10,000

139,924

Balance as of June 29, 2024

60,076

20.27

60,076

139,924