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Note 8 - Stockholders' Equity
 9 Months Ended
May 31, 2024
Notes to Financial Statements  
Equity [Text Block]

8.         STOCKHOLDERS’ EQUITY

 

During the nine months ended May 31, 2024, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock:

 

Declaration Date

  

Amount

  

Record Date

  

Payable Date

October 18, 2023

   $ 0.07  

November 1, 2023

  

November 15, 2023

January 17, 2024

   $ 0.07  

January 31, 2024

  

February 14, 2024

April 17, 2024

   $ 0.07  

May 1, 2024

  

May 15, 2024

 

During the nine months ended May 31, 2023, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock:

 

Declaration Date

  

Amount

  

Record Date

  

Payable Date

October 20, 2022

   $ 0.07  

November 3, 2022

  

November 16, 2022

January 20, 2023

   $ 0.07  

February 1, 2023

  

February 15, 2023

April 21, 2023

   $ 0.07  

May 3, 2023

  

May 17, 2023

 

 

During the nine months ended May 31, 2024 and 2023, the Company repurchased no shares of its common stock.

 

The Company issued 3,496 and 3,620 shares of common stock on September 1, 2023 and 2022, respectively, under the Northern Technologies International Corporation Employee Stock Purchase Plan (ESPP). The Company issued 3,284 and 3,566 shares of common stock on March 1, 2024 and 2023, respectively, under the ESPP. The ESPP is compensatory for financial reporting purposes. As of May 31, 2024, 55,284 shares of common stock remained available for sale under the ESPP.