v3.26.3
Note 11 - Treasury Stock and Repurchase Program
3 Months Ended
Jul. 31, 2026
Notes to Financial Statements  
Treasury Stock [Text Block]

Note 11 - Treasury Stock and Repurchase Program:

 

During July 2026, the Company's Board of Directors renewed the share repurchase program authorizing the repurchase of shares of the Company’s common stock up to an aggregate purchase price of $2,000,000. The new purchase program replaces the October 2025 program. The repurchases may be made from time to time on the open market at prevailing market prices, in negotiated transactions off the market, in block purchases or otherwise. The repurchase program may be suspended or discontinued at any time at the Company’s discretion and has no set expiration date. There is a remainder of $1,989,000 before the authorized limit is reached. 

 

Treasury stock, at cost, consists of the following:

 

(in thousands except for shares and cost per share)

 

Shares

   

Cost

Assigned

   

Average

Cost

per Share

   

Aggregate

Purchase

Price

Remaining

Under

the Program

 

Balance as of April 30, 2026

    613,807     $ 16,575     $ 27.00     $ 1,291  

Purchases effected in open market during the months ended:

                               

May 31, 2026

    1,714     $ 59       34.05       1,232  

June 30, 2026

    906     $ 30       33.24       1,202  

July 31, 2026

    300     $ 11       35.70       1,989  

Balance as of July 31, 2026

    616,727     $ 16,675     $ 27.04     $ 1,989