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Stock Repurchases | 6 Months Ended
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Dec. 31, 2023
Stock Repurchases |
Stock Repurchases | Note 10: Stock Repurchases ​ On April 28, 2022, the Corporation’s Board of Directors announced a stock repurchase plan, authorizing the purchase of 364,259 shares over a one-year period. On April 27, 2023, an extension of the existing stock repurchase plan was declared by the Board, effective until April 28, 2024, or until completion, whichever occurs first. ​ Subsequently, on September 28, 2023, the Board approved a new stock repurchase plan, authorizing the purchase of up to 350,353 shares over a one-year period. Additonally, the Board cancelled the remaining 25,428 shares available for purchase under the April 2022 plan. ​ During the quarter ended December 31, 2023, the Corporation purchased 62,710 shares of its common stock under the September 2023 stock repurchase plan with a weighted average cost of $11.96 per share. For the six months ended December 31, 2023, the Corporation purchased 98,822 shares of its common stock under the April 2022 and September 2023 stock repurchase plans, with a weighted average cost of $12.59 per share. ​ As of September 28, 2023, the Corporation purchased a total of 338,831 shares, or 93 percent of the total authorized stock repurchase pursuant to its April 2022 stock repurchase plan, at a weighted average cost of $13.98 per share. As of December 31, 2023, the Corporation purchased 62,710 shares of its common stock under the September 2023 stock repurchase plan at a weighted average cost of $11.96 per share. As of December 31, 2023, 287,643 shares or 82 percent of authorized common stock under the September 2023 plan remain available to purchase until the plan expires on September 28, 2024.

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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 -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505-30/tableOfContent + Details
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