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Note 10 - Dividends and Stock Repurchase Program
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
NOTE
10.
 
DIVIDENDS AND STOCK REPURCHASE PROGRAM
 
Dividends
 
For the year ended
December 31, 2019,
Eagle paid dividends of
$0.0925
per share for the quarters ended
March 31
and
June 30, 2019.
Eagle paid dividends of
$0.095
per share for the quarters ended
September 30
and
December 31, 2019.
A dividend of
$0.095
per share was declared on
January 23, 2020
and paid on
March 6, 2020
to shareholders of record on
February 14, 2020.
A dividend of
$0.095
per share was declared on
April 23, 2020,
payable on 
June 5, 2020
to shareholders of record on
May 15, 2020.
 
Stock Repurchase Program
 
On
July 18, 2019,
the Board authorized the repurchase of up to
100,000
shares of its common stock. Under the plan, shares
may
be purchased by the Company on the open market or in privately negotiated transactions. The extent to which the company repurchases its shares and the timing of such repurchase will depend upon market conditions and other corporate considerations.
No
shares were purchased under this plan during the year ended
December 31, 2019
or the
first
quarter of
2020.
The plan expires on
July 18, 2020.
 
On
July 19, 2018,
the Board authorized the repurchase of up to
100,000
shares of its common stock. Under the plan, shares could be purchased by the Company on the open market or in privately negotiated transactions. The extent to which the company repurchased its shares and the timing of such repurchase depended upon market conditions and other corporate considerations.
No
shares were purchased under this plan during the year ended
December 31, 2018.
However, during the
first
quarter of
2019,
42,000
shares were purchased at an average price of
$17.43
per share. In addition,
28,000
shares were purchased during the
second
quarter of
2019
at an average price of
$17.09
per share. The plan expired on
July 19, 2019.