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Note 8 - Stock Repurchase Program
 9 Months Ended
Jan. 31, 2018
Notes to Financial Statements  
Treasury Stock [Text Block]
8.
Stock Repurchase Program
 
In
December 2016,
the Board of Directors approved a stock purchase program authorizing the repurchase of up to
$500
of its common stock. The timing and amount of any share repurchases will be determined by the Company
’s management based on market conditions and other factors. The program is currently authorized through
May 1, 2018.
 
The table below provides information with respect to common stock purchases by the Company through
January 31, 2018.
 
 
Period
  
Total
Number of
Shares
Purchased
    
Average
Price Paid
per Share
    
Total
Number of
Shares
Purchased as
Part of
Publicly
Announced
Plans or
Programs
    
Approximate
Dollar Value
of Shares That
May Yet Be
Purchased
Under the
Plans or
Programs
  
Program authorization
    
 
      
 
      
 
     $
500
  
Quarter ended January 31, 2017 (a)
    
49,920
     $
0.20
      
49,920
     $
490
  
Quarter ended April 30, 2017
    
80,426
     $
0.27
      
80,426
     $
468
  
Quarter ended July 31, 2017
    
-
     $
-
      
-
     $
468
  
Quarter ended October 31, 2017
    
8,607
     $
0.30
      
8,607
     $
465
  
Quarter ended January 31, 2018 (b)
    
536,058
     $
0.26
      
536,058
     $
326
  
Total
    
675,011
     $
0.26
      
675,011
      
 
  
 
 
(a)
49,920
shares of common stock purchased were purchased through a private transaction
 
(b)
536,058
shares of common stock purchased were purchased through a private transaction