Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information:
Bassett’s common stock trades on the NASDAQ global select market system under the symbol “BSET.” We had approximately 6,500 beneficial stockholders at January 28, 2026.
Issuer Purchases of Equity Securities:
We are authorized to repurchase Company stock under a plan which was originally announced in 1998. On March 9, 2022, the Board of Directors increased the remaining limit of the repurchase plan to $40,000,000. The repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time. Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of prevailing market conditions and other factors. The following table summarizes the stock repurchase activity for the three months ended November 29, 2025, and the approximate dollar value of shares that may yet be repurchased pursuant to our stock repurchase program:
Issuer Purchases of Equity Securities
(amounts in thousands, except share and per share data)
Total
Shares
Purchased
Average
Price Paid
Total Number of Shares
Purchased as Part of
Publicly Announced Plans or
Programs
Approximate Dollar Value
of Shares that May Yet Be
Purchased Under the Plans
or Programs
August 31, 2025 - October 4, 2025
8,890
$
15.53
8,890
$
18,744
October 5 - November 1, 2025
17,199
$
15.34
17,199
$
18,480
November 2, 2025 - November 29, 2025
15,172
$
14.90
15,172
$
18,254
ITEM 6. [RESERVED]
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.