XML 33 R18.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock Repurchases
6 Months Ended
Dec. 31, 2024
Stock Repurchases  
Stock Repurchases

Note 10: Stock Repurchases

On September 28, 2023, the Corporation’s Board of Directors announced a stock repurchase plan, authorizing the purchase of up to 350,353 shares of the Corporation’s outstanding common stock over a one-year period. On September 26, 2024, the Board extended the existing stock repurchase plan, which had 99,968 shares remaining available for purchase as of that date, until September 26, 2025 or until completion or cancellation, whichever occurs first.

During the second quarter of fiscal 2025, the Corporation purchased 63,556 shares of its common stock under the existing stock repurchase plan with a weighted average cost of $16.04 per share. For the first six months of fiscal 2025, the Corporation purchased 157,197 shares of its common stock under the existing stock repurchase plan with a weighted average cost of $14.98 per share. As of December 31, 2024, 31,919 shares or nine percent of authorized common stock under the existing plan remain available for purchase.