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
Our common stock is quoted under the
symbol “PDEX” on the Nasdaq Capital Market (“NASDAQ”).
Holders
As of September 2, 2026,
there were 136 holders of record of our common stock. This number does not include beneficial owners including holders whose shares are
held in nominee, or “street,” name.
Dividends
We have never paid a cash
dividend with respect to our common stock. The current policy of our Board of Directors is to retain any future earnings to provide funds
for the operation and expansion of our business or for repurchases of our common stock pursuant to our repurchase plans. Any determinations
to pay dividends in the future will be at the discretion of our Board of Directors. In addition, our current credit facilities contain
covenants that prohibit us from paying dividends.
Repurchases
During
the fourth quarter of fiscal 2026 and 2025, we repurchased 10,476 and 0 shares of our common stock, respectively, at an aggregate cost
of $600,000 and $0, respectively, through Board approved prearranged share repurchase plans intended to qualify for the safe harbor under
Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
During
the three-month period ended June 30, 2026, repurchases under the Board approved stock repurchase programs were as follows:
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
April 1, 2026 to
April 30, 2026
3,852
$ 51.94
3,852
240,608
May 1, 2026 to
May 31, 2026
3,666
$ 54.58
3,666
236,942
June 1, 2026 to
June 30, 2026
2,958
$ 67.63
2,958
233,984
All shares
were purchased under the share repurchase program that our Board of Directors approved in December 2019, which authorizes the repurchase
of up to 1,000,000 shares of our common stock. All repurchases were made pursuant to a prearranged trading plan intended to qualify for
the safe harbor under Rule 10b5-1 under the Exchange Act
ITEM 6.
RESERVED
16
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.