Note 21 - Stock Repurchase Program |
3 Months Ended |
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Mar. 31, 2025 | |
| Notes to Financial Statements | |
| Equity [Text Block] |
NOTE 21 Stock Repurchase Program
On December 12, 2023, the Board of Directors of the Company approved a stock repurchase program (“the Program”) which authorizes the Company to repurchase up to 1,000,000 shares of its common stock subject to certain limitations and conditions. The Program became effective on February 18, 2024, replacing and superseding a prior stock repurchase program, and will expire on February 18, 2027.
The Program does not obligate the Company to repurchase any shares of its common stock, and other than repurchases that have been completed to date, there is no assurance that the Company will do so or that the Company will repurchase shares at favorable prices. The Program may be suspended or terminated at any time and, even if fully implemented, the Program may not enhance long-term stockholder value. For the three months ended March 31, 2025, the Company had repurchased any shares under the Program. The Company also repurchases shares to pay withholding taxes on the vesting of restricted stock awards and units.
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