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Share Repurchase Program | 6 Months Ended
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Jun. 28, 2025
Share Repurchase Program |
Share Repurchase Program | Note J – Share Repurchase Program On April 30, 2025, the Board had approved a new share repurchase program authorizing the Company to repurchase up to 400,000 shares of the Company’s common stock over a five-year term expiring in April 2030. Current authorization for 200,000 shares expiring August 29, 2025. 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 share repurchases during the second quarter of 2025 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 |
April 30, 2025 - May 3, 2025 |  |  | - |  |  | $ | - |  |  |  | - |  |  |  | 400,000 |
May 4, 2025 - May 31, 2025 |  |  | 18,261 |  |  |  | 23.49 |  |  |  | 18,261 |  |  |  | 381,739 |
June 1, 2025 - June 28, 2025 |  |  | 12,701 |  |  |  | 23.15 |  |  |  | 12,701 |  |  |  | 369,038 |
Total |  |  | 30,962 |  |  | $ | 23.35 |  |  |  | 30,962 |  |  |  | 369,038 |

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