XML 75 R38.htm IDEA: XBRL DOCUMENT v3.25.2
Stockholder's Equity (Tables)
 12 Months Ended
Apr. 30, 2025
Equity [Abstract]  
Summary of Share Repurchase Activity
The following table summarizes share repurchase activity for the three months ended April 30, 2025:

Total Number of Shares Purchased (1)
Average Price Paid Per Share (2)
Total Number of Shares Purchased as Part of Publicly Announced Programs (1)
Number of Shares that May Yet Be Purchased Under the Plans or Programs (1)
February 1 - 281,019 $55.631,019 32,790 
March 1 - 31
31,148 $48.1531,148 101,642 
April 1 - 30
1,039 $35.751,039 100,603 
33,206 33,206 
(1) On August 31, 2023, the Board of Directors of Kewaunee Scientific Corporation (the "Company") adopted a share repurchase program with authorization to repurchase up to 100,000 shares of our Company's common stock, which commenced on September 1, 2023 and has no expiration date. On March 12, 2025, the Board of Directors amended the existing share repurchase program to authorize the repurchase of up to an additional 100,000 shares of the Company common stock (as amended, the "Program"). The share repurchase program is designed to help offset the impact of future share dilution from employee stock issuances. The timing and amount of any repurchases under this program will be determined by the Company's management at its discretion based upon its ongoing assessments of the capital needs of the business, the market price of the Company's common stock and general market conditions. Share repurchases under this program may be made through a variety of methods including open-market purchases, block trades, exchange transactions or any combination thereof. The program does not obligate the Company to acquire any particular amount of its common stock, and the share repurchase program may be suspended or discontinued at any time at the Company's discretion.
(2) Excludes other costs such as broker commissions and fees.