Perma-Pipe International Holdings, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   On October 4, 2021, the Company's Board of Directors approved a stock purchase program, which authorizes the Company to use up to $3.0 million for the purchase of its outstanding shares of common stock. Stock repurchases are permitted to be executed through open market or privately negotiated transactions over the course of 12 months, depending upon current market conditions and other factors. As of July 31, 2022, the Company has used $2.0 million of the $3.0 million authorized to repurchase its outstanding shares of common stock. On July 26, 2022, the Company retired all treasury stock previously repurchased under this stock repurchase program. The retirement was recorded as a reduction to common stock based on the par value of the shares, and the excess over par value was r ecorded as an increase to accumulated deficit in accordance with ASC 505-30, Equity - Treasury Stock .    Period   Total number of shares purchased     Average price paid per share     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   May 1, 2022 - May 31, 2022     -       -       -       1,008,444   June 1, 2022 - June 30, 2022     -       -       -       1,008,444   July 1, 2022 - July 31, 2022     4,887       8.85       4,887       964,496   Total     4,887               4,887             Item 6. Exhibits   31.1 Rule 13a - 14(a)/15d - 14(a) Certifications (1) Chief Executive Officer certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Rule 13a - 14(a)/15d - 14(a) Certifications (2) Chief Financial Officer certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32 Section 1350 Certifications (Chief Executive Officer and Chief Financial Officer certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002) 101.INS Inline XBRL Instance Document (the Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) 101.SCH Inline XBRL Taxonomy Extension Schema 101.CAL Inline XBRL Taxonomy Extension Calculation 101.DEF Inline XBRL Taxonomy Extension Definition 101.LAB Inline XBRL Taxonomy Extension Labels 101.PRE Inline XBRL Taxonomy Extension Presentation 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)   27 Table of Contents   SIGNATURES     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.         Perma-Pipe International Holdings, Inc.             Date: September 7, 2022 /s/ David J. Mansfield     David J. Mansfield     President and Chief Executive Officer     (Principal Executive Officer)       Date: September 7, 2022 /s/ D. Bryan Norwood     D. Bryan Norwood     Vice President and Chief Financial Officer     (Principal Financial and Accounting Officer)   28