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Note 16 - Stockholders' Equity
12 Months Ended
Feb. 28, 2026
Notes to Financial Statements  
Equity [Text Block]

16. STOCKHOLDERS’ EQUITY

 

Repurchase Program

 

The Board of Directors has authorized a stock repurchase program of up to $2.0 million of its outstanding common stock   Purchases under the program may be made through the open market or privately negotiated transactions as determined by the Company’s management, and in accordance with the requirements of the Securities and Exchange Commission.  The timing and actual number of shares repurchased will depend on variety of factors including price, corporate and regulatory requirements and other conditions.

 

The Company repurchased 3,850 shares under the stock repurchase program, at an average price of $16.19 per share for a total expense of approximately $63,000, during the fiscal year ended February 28, 2026.  The company did not repurchase any shares under the stock repurchase program during the fiscal year ended February 28, 2025.