Item 5. Market for Registrant’s Common Equity
Item 5
Market for the Registrant’s
Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities
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
2024
Fiscal Year
High
Low
May 1—July 31
$ 11.10
$ 9.81
August 1—October 31
12.25
10.99
November 1—January 31
12.80
11.24
February 1—April 30
14.10
11.06
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
On
September 30, 2023, a dividend of $0.65 per common share was declared for the fiscal year ending April 30, 2024.
For
the prior fiscal year, a dividend of $0.60 per common share was declared on September 30, 2022.
The
number of holders of record of the Company’s Class A Common Stock as of April 30, 2024, was approximately 1,084.
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:
2024
Fiscal Year
Number
of shares repurchased
May 1—July 31
2,035
August 1—October 31
1,715
November 1—January 31
27,963
February 1—April 30
2,100
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
There
are still approximately 192,000 shares available to be repurchased under the current resolution.
Item 6
[Reserved]
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.