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Note 10 - Stock Repurchase Program
6 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Stock Repurchase Plan Disclosure [Text Block]

NOTE
10.
STOCK REPURCHASE PROGRAM

     On
January 21, 2009
we announced that our Board of Directors authorized the repurchase of up to
$2,500,000
of our Common Stock from time to time in open market, block, or privately negotiated transactions. The timing and extent of any repurchases depends on market conditions, the trading price of the company's stock, and other factors, and subject to the restrictions relating to volume, price, and timing under applicable law. On
August 
27,
2015,
we announced that our Board of Directors authorized up to
$5,000,000
of additional repurchases. Our repurchase program does
not
have an expiration date and does
not
obligate us to purchase any shares. The Program
may
be modified or discontinued at any time without notice. We intend to finance any stock repurchases with cash provided by operating activities or maturating marketable securities. The remaining authorization was
$3,762,040
as of
September 
30,
 
2020.
Common Stock repurchases during the
second
quarter of fiscal
2021,
all of which were made as part of our publicly announced program, were as follows:
 
       
 
 
 
 
 
 
 
 
Total number of
   
Max. approximate
 
   
 
 
Total
   
Average
   
shares purchased
   
dollar value of
 
   
 
 
number
   
price
   
as part of publicly
   
shares that may
 
   
 
 
of shares
   
paid
   
announced
   
yet be purchased
 
Period
 
 
 
purchased
   
per share
   
program
   
under the program
 
July 1, 2020
July 31, 2020
   
-
    $
-
     
-
    $
3,853,459
 
August 1, 2020
August 31, 2020
   
-
    $
-
     
-
    $
3,853,459
 
September 1, 2020
September 30, 2020
   
1,806
    $
50.62
     
1,806
    $
3,762,040
 
   
 
   
1,806
     
 
     
1,806