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Stock Repurchases
3 Months Ended
Apr. 30, 2022
Stock Repurchases  
Stock Repurchases

8. Stock Repurchases

Repurchases of Common Stock

The Company periodically repurchases shares of its common stock under board-authorized repurchase programs. Such repurchases may be made in the open market, through block trades or through other negotiated transactions. Share repurchases were as follows (in thousands, except per share data):

Thirteen Weeks Ended

April 30, 2022

    

May 1, 2021

Total number of shares purchased

170

537

Average price paid per share (including commissions)

$

31.20

$

84.60

Total investment

$

5,317

$

45,470

On March 15, 2022, the Company announced that its board of directors approved an additional $30 million stock repurchase program. At April 30, 2022, $54.7 million remained available under the Company’s stock repurchase authorization.