Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
Share
Repurchases
In
March 2005 the Board of Directors authorized the repurchase of up to $5.0 million worth of shares of the Company’s common stock.
The
following table presents the share repurchase activity for the quarter ended July 31, 2025:
Period
Total
number
of shares
purchased
(1)
Average
price
paid per share
Total
number
of shares
purchased as
part of the
publicly announced
plan or
program
Approximate
dollar
value of shares
that may yet
be purchased
under the plan
or program
May 1 - 31, 2025
-
-
-
$ 1,138,718
June 1 - 30, 2025
-
-
-
$ 1,138,718
July 1 - 31, 2025
21,910
$ 26.60
21,910
$ 555,912
Total
21,910
21,910
$ 555,912
(1) Represents
shares withheld with respect to stock-based awards to satisfy required tax withholding obligations
for the month of July 2025. There were no shares withheld or otherwise repurchased during
the months of May 2025 and June 2025.
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.