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Share Repurchase Program
3 Months Ended
Mar. 29, 2025
Share Repurchase Program  
Share Repurchase Program

Note J – Share Repurchase Program

 

On August 21, 2023, the Company announced that the Board of Directors of the Company had approved a 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, the Company was authorized to repurchase shares 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 share repurchases during the first quarter of 2025 under the share repurchase program. As of March 29, 2025, no shares remained available for repurchase under the authorization.

 

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

 

December 29, 2024 – February 1, 2025

 

 

20,000

 

 

$27.81

 

 

 

20,000

 

 

 

30,587

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

February 2, 2025 – March 1, 2025

 

 

14,843

 

 

 

27.95

 

 

 

14,843

 

 

 

15,744

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 2, 2025 – March 29, 2025

 

 

15,744

 

 

 

27.30

 

 

 

15,744

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

50,587

 

 

$27.69

 

 

 

50,587

 

 

 

0