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Stock Repurchases | 9 Months Ended
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Mar. 31, 2023
Stock Repurchases |
Stock Repurchases | Note 10: Stock Repurchases ​ On April 28, 2022, the Board of Directors of the Corporation authorized the repurchase of up to five percent of the Corporation’s common stock, approximately 364,259 shares (the “April 2022 stock repurchase plan”). The Corporation may purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period 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. The April 2022 stock repurchase plan will continue for a period of one year or until completed, whichever occurs first. ​ During the quarter ended March 31, 2023, the Corporation purchased 98,307 shares of its common stock under the April 2022 stock repurchase plan with a weighted average cost of $14.20 per share. For the nine months ended March 31, 2023, the Corporation purchased 251,221 shares of the Corporation’s common stock under the April 2022 stock repurchase plan with a weighted average cost of $14.30 per share. As of March 31, 2023, a total of 113,038 shares or 31 percent of authorized shares under the plan remained available for purchase.

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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 https://asc.fasb.org/subtopic&trid=2208821 + Details
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