v3.26.1
Note 9 - Stockholders' Equity
9 Months Ended
May 31, 2026
Notes to Financial Statements  
Equity [Text Block]

9.

STOCKHOLDERS EQUITY

 

During the nine months ended May 31, 2026, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock:

 

Declaration Date

 

Amount

 

Record Date

 

Payable Date

October 15, 2025

  $ 0.01  

October 29, 2025

 

November 12, 2025

January 14, 2026

  $ 0.01  

January 28, 2026

 

February 11, 2026

 

On April 24, 2026, the Company announced the suspension of its quarterly cash dividend on its common stock, beginning with its quarterly cash dividend for the third quarter of fiscal 2026, to focus on the reduction of its outstanding debt. Therefore, the Company did not declare a cash dividend during the quarter ended May 31, 2026.

 

During the nine months ended May 31, 2025, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock:

 

Declaration Date

 

Amount

 

Record Date

 

Payable Date

October 16, 2024

  $ 0.07  

October 30, 2024

 

November 13, 2024

January 15, 2025

  $ 0.07  

January 29, 2025

 

February 12, 2025

April 16, 2025

  $ 0.01  

April 30, 2025

 

May 14, 2025

 

 

During the nine months ended May 31, 2026 and 2025, the Company repurchased no shares of its common stock.

 

During the nine months ended May 31, 2026 and 2025, the Company issued 11,313 and no shares of common stock upon the settlement of restricted stock units, respectively.

 

The Company issued 5,198 and 3,527 shares of common stock on September 1, 2025 and 2024, respectively, under the Northern Technologies International Corporation Employee Stock Purchase Plan (ESPP). The Company issued 4,438 and 3,856 shares of common stock on March 1, 2026 and 2025, respectively, under the ESPP. The ESPP is compensatory for financial reporting purposes. As of May 31, 2026, 38,235 shares of common stock remained available for sale under the ESPP.