Note 7 - Common Stock |
12 Months Ended | ||
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Jun. 30, 2026 | |||
| Notes to Financial Statements | |||
| Equity [Text Block] |
Authorized shares: The Company’s Articles of Incorporation, as amended, have established 15,000,000 authorized shares of capital stock consisting of 13,000,000 shares of common stock, par value $0.01 per share, and 2,000,000 shares of undesignated stock.
On September 9, 2025, the Company announced the approval of a stock repurchase authorization. Under the authorization, the Company could repurchase up to $10,000,000 of its outstanding shares of common stock. This repurchase authorization has no expiration date. As of June 30, 2026, a total of 151,911 shares were repurchased and retired under this authorization for a total cost of $3,918,000, or $25.79 per share. Repurchased shares are automatically retired and constitute authorized but unissued shares.
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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