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SHARE REPURCHASE PROGRAM
9 Months Ended
Oct. 03, 2020
SHARE REPURCHASE PROGRAM  
Note H - Share Repurchase Program

Note H – Share Repurchase Program

 

On May 3, 2018, the Company announced that its Board of Directors had authorized a new program to repurchase up to 200,000 shares of the Company’s common stock. The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share. Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company did not repurchase any shares under its share repurchase program during the third quarter of 2020.

Period

 

Total

Number of

Shares

Purchased

 

 

Average

Price Paid

Per Share

 

 

Total Number of

Shares

Purchased As

Part of Publicly

Announced Plans

or Programs

 

 

Maximum Number

of Shares That May

Yet be Purchased

Under the Plans or

Programs

 

Balance as of June 27, 2020

 

 

55,000

 

 

$26.04

 

 

 

55,000

 

 

 

145,000

 

June 28, 2020 – October 3, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of October 3, 2020

 

 

55,000

 

 

$26.04

 

 

 

55,000

 

 

 

145,000