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Stock Repurchases | 6 Months Ended
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Dec. 31, 2021
Stock Repurchases |
Stock Repurchases | Note 11: Stock Repurchases ​ On April 27, 2021, the Corporation extended its five percent stock repurchase program of April 30, 2020 with a remaining authorization of 317,108 shares to be purchased for a period of one year or until completed, whichever occurs first. ​ During the quarter ended December 31, 2021, the Corporation purchased 102,762 shares of the Corporation’s common stock under the April 2020 stock repurchase plan with a weighted average cost of $16.88 per share. For the first six months of fiscal 2022, the Corporation purchased 152,526 shares of the Corporation’s common stock under the April 2020 stock repurchase plan with a weighted average cost of $16.95 per share. As of December 31, 2021, there are 114,307 shares available for purchase until the plan expires on April 27, 2022. The Corporation will purchase the shares from time to time in the open market or through privately negotiated transactions depending on market conditions, the capital requirements of the Corporation, and available cash that can be allocated to the stock repurchase program, among other considerations.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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