Item 5. Market for Registrant’s Common Equity
Item 5 Market for the Registrant’s Common Equity and Related Stockholders’ Matter
Principal Market
The Company’s Class A Common Stock, which
is traded under the ticker symbol RSKIA, is currently quoted on the OTC Bulletin Board by one market maker.
Stock Prices and Dividends Information
2022 Fiscal Year
High
Low
May 1—July 31
13.05
12.30
August 1—October 31
14.50
12.50
November 1—January 31
15.84
13.20
February 1—April 30
15.50
12.00
2021 Fiscal Year
High
Low
May 1—July 31
8.90
7.16
August 1—October 31
11.00
8.02
November 1—January 31
11.25
9.80
February 1—April 30
13.60
10.75
On September 30, 2021, a dividend of $.50 per
common share was declared for the fiscal year ended April 30, 2022.
For the prior fiscal year, a dividend of $.42
per common share was declared on September 30, 2020.
The number of holders of record of the Company’s
Class A Common Stock as of April 30, 2022, was approximately 1,108.
Repurchases of Equity Securities
On September 18, 2008, the Board of Directors
approved an authorization for the repurchase of up to 500,000 shares of the Company’s common stock. Purchases can be made in the
open market or in privately negotiated transactions. The Board did not specify an expiration date for the authorization.
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The following tables show repurchases of GRI’s
common stock made on a quarterly basis:
2022 Fiscal Year
Number of
shares
repurchased
May 1—July 31
13
August 1—October 31
2,000
November 1—January 31
700
February 1—April 30
12,568
2021 Fiscal Year
Number of
shares
repurchased
May 1—July 31
-0-
August 1—October 31
75
November 1—January 31
2,750
February 1—April 30
633
There are still approximately 227,000 shares
available to be repurchased under the current resolution.
Item 6 Selected Financial Data
Not Applicable
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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.