Common Stock |
6 Months Ended |
---|---|
Dec. 31, 2023 | |
Common Stock | |
Common Stock | Note 7. Common Stock
Authorized shares: The Company’s Articles of Incorporation, as amended, have established authorized shares of capital stock consisting of shares of common stock, par value $ per share, and shares of undesignated stock.
On May 26, 2021, the Company’s Board of Directors (the “Board”) approved a stock repurchase authorization. Under the authorization, the Company was originally able to repurchase up to $2,725,000, or $ per share. Repurchased shares have been retired and constitute authorized but unissued shares. There were no share repurchases for the three and six months ended December 31, 2023. million of shares of common stock through May 26, 2022. On May 26, 2022, the Board removed the date limitation. As of December 31, 2023, a total of shares have been repurchased and retired under this authorization for a total cost of $ |