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SUBSEQUENT EVENT
12 Months Ended
Sep. 30, 2019
SUBSEQUENT EVENT  
SUBSEQUENT EVENTS

13. SUBSEQUENT EVENTS:

On October 22, 2019 the Compensation Committee of the Company’s Board of Directors awarded 14,550 long-term incentive equity awards to members of the Company’s executive management team. These awards included a three year graded vesting schedule and can be settled in either cash or stock. At the same time, the Company’s Board of Directors replenished the number of shares authorized for repurchase under AMCON’s existing Common Stock repurchase program. The program provides for periodic repurchases of up to 75,000 shares of AMCON’s common stock in open market or privately negotiated transactions.