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Note 9 - Stockholders' Equity
 3 Months Ended
Nov. 30, 2024
Notes to Financial Statements  
Equity [Text Block]

9.

STOCKHOLDERS’ EQUITY

 

On October 16, 2024, the Company’s Board of Directors declared a cash dividend of $0.07 per share of the Company’s common stock, payable on November 13, 2024 to stockholders of record on October 30, 2024. On October 18, 2023, the Company’s Board of Directors declared a cash dividend of $0.07 per share of the Company’s common stock, payable on November 15, 2023 to stockholders of record on November 1, 2023.

 

 

During the three months ended November 30, 2024 and 2023, the Company repurchased no shares of its common stock.

 

The Company issued 3,527 and 3,496 shares of common stock on September 1, 2023 and 2022, respectively, under the Northern Technologies International Corporation Employee Stock Purchase Plan (the ESPP). The ESPP is compensatory for financial reporting purposes. As of November 30, 2024, 51,727 shares of common stock remained available for sale under the ESPP.