Note O - Repurchase of Common Stock |
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Mar. 28, 2020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes to Financial Statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Treasury Stock [Text Block] |
Note O—Repurchase of Common Stock As of September 28, 2019, our Board of Directors authorized management to use up to $60.0 million to repurchase stock in open market transactions under our Stock Repurchase Program.Through March 28, 2020 3,598,933 shares of our common stock for an aggregate of $52.5 million under our Stock Repurchase Program since its inception. All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule 10b -18. As of March 28, 2020 $7.5 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.The following table summarizes the purchases of our common stock for the quarter ended March 28, 2020:
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