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Note 10 - Common Stock Repurchase Program
6 Months Ended
Jun. 28, 2025
Notes to Financial Statements  
Treasury Stock [Text Block]

Note 10 - Common Stock Repurchase Program

 

 

On December 9, 2024, we announced that our Board of Directors had approved a stock repurchase program pursuant to which up to $100 million of outstanding common stock could be repurchased from time to time (the "2025 Repurchase Program"). The duration of the 2025 Repurchase Program is through December 31, 2025.

 

During the second quarter of fiscal 2025, we repurchased 933,895 shares for $45.9 million, or an average price paid per share of $49.10, under the 2025 Repurchase Program. During the first six months of fiscal 2025, we have repurchased a total of 1,327,727 shares for $70.9 million, or an average price paid per share of $53.37. All repurchases were open market transactions funded from available working capital. All shares repurchased pursuant to the 2025 Repurchase Program were retired by the end of the second quarter of fiscal 2025. As of June 28, 2025, the remaining portion of the amount authorized for the 2025 Repurchase Program is approximately $29.1 million.