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
2023
Fiscal Year
High
Low
May 1—July 31
$ 12.24
$ 11.02
August 1—October 31
12.00
9.52
November 1—January 31
11.60
10.35
February 1—April 30
11.69
10.62
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
On
September 30, 2022, a dividend of $.60 per common share was declared for the fiscal year ending April 30, 2023.
For
the prior fiscal year, a dividend of $.50 per common share was declared on September 30, 2021.
The
number of holders of record of the Company’s Class A Common Stock as of April 30, 2023, was approximately 1,101.
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.
4
The
following tables show repurchases of GRI’s common stock made on a quarterly basis:
2023
Fiscal Year
Number
of shares repurchased
May 1—July 31
200
August 1—October 31
70
November 1—January 31
175
February 1—April 30
200
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
There
are still approximately 225,000 shares available to be repurchased under the current resolution.
Item
6 Selected Financial Data
Not
Applicable
5
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.