Annual report pursuant to Section 13 and 15(d)

Note 14 - Repurchase of Common Stock

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Note 14 - Repurchase of Common Stock
12 Months Ended
Sep. 28, 2019
Notes to Financial Statements  
Treasury Stock [Text Block]
Note 
14—Repurchase
of Common Stock
 
Our Board of Directors has authorized management to use up to
$60.0
million to repurchase stock in open market transactions under our Stock Repurchase Program. During fiscal years
2019
and
2018,
we purchased
141,501
shares and
463,974
shares, respectively, of our common stock for a total cost of
$2.7
million and
$9.0
million, respectively. As of
September 28, 2019,
we have purchased
3,498,962
shares of common stock for an aggregate of
$50.5
million since the inception of the Stock Repurchase Program.  All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule
10b
-
18.
 As of
September 28, 2019,
$9.5
million remained available for future purchases under our Stock Repurchase Program, which does
not
have an expiration date. There were
no
repurchases of our common stock for the quarter ended
September 28, 2019.