SHARE REPURCHASE PLAN

12 Months Ended

Jun. 30, 2021

SHARE REPURCHASE PLAN [Abstract]

SHARE REPURCHASE PLAN

NOTE 12 – SHARE REPURCHASE PLAN

On May 11, 2020, after assessing the impacts of the COVID-19 pandemic, the Company’s board of directors unanimously approved the suspension of the Company’s Share Repurchase Program. The Company resumed the Share Repurchase Program on March 19, 2021.

During the year ended June 30, 2021, the Company made tender offers to purchase its own shares as noted in the below table:

Period	Total Number of Shares Repurchased		Repurchase Price Per Share		Total Repurchase Consideration
During the year ended June 30, 2021:
April 22, 2021 through May 12, 2021		68,135.92	$	6.00	$	408,818

During the year ended June 30, 2020, the Company made tender offers to purchase its own shares as noted in the below table:

Period	Total Number of Shares Repurchased		Repurchase Price Per Share		Total Repurchase Consideration
During the year ended June 30, 2020:
August 13, 2019 through September 16, 2019		70,114.03	$	9.00	$	631,026
November 18, 2019 through December 19, 2019		102,739.90	$	9.00	$	924,659
February 14, 2020 through March 18, 2020		178,344.44	$	9.19	$	1,638,985
		351,198.37			$	3,194,670