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
The Company’s common stock is quoted on the NASDAQ Global Market under the symbol “EML.” The approximate number of record holders of the Company common stock on January 3, 2026 was 240.
The Company expects to continue its policy of paying regular cash dividends, although there can be no assurance as to future dividends because they are dependent on future earnings, capital requirements and financial conditions.
During fiscal years 2025 and 2024, there were no sales by the Company of its securities that were not registered under the Securities Act of 1933, as amended (the “Securities Act”).
On April 30, 2025, the Board approved a share repurchase program authorizing the Company to repurchase up to 400,000 shares of the Company’s common stock over a five-year term expiring in April 2030. The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share. Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
The Company made the following share repurchases during the fourth quarter of 2025, as set forth in the table below:
Issuer Purchases of Equity Securities
Period
Total number of shares purchased
Average price
paid per share
Total number of shares purchased as part of publicly announced plans or programs
Maximum number of shares that may yet be purchased under the plans or programs
(a)
(b)
(c)
(d)
September 28, 2025 to November 1, 2025
20,000
22.32
20,000
312,625
November 2, 2025 to November 29, 2025
15,701
19.61
15,701
296,924
December 30, 2025 to January 3, 2026
-
-
-
-
Total
35,701
21.13
35,701
296,924
ITEM 6 [RESERVED]
19
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