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COMMON STOCK
12 Months Ended
Sep. 28, 2024
Common Stock [Abstract]  
COMMON STOCK

NOTE 14. COMMON STOCK

Treasury Stock

Purchase of Common Shares

During our fiscal years 2024 and 2023, we did not purchase any shares of our common stock. As of September 28, 2024, we still have authority to purchase 65,414 shares of our common stock under the discretionary plan approved by the Board of Directors on May 17, 2007. Our current repurchase plan has no expiration date and purchases under this program may be made from time to time on the open market and in private transactions, depending on market conditions, up to a purchase price of price of $15 per share. The Internal Revenue Service imposes a 1.0% tax on stock repurchases after December 31, 2022 over $1,000,000 within a fiscal year.