Note 11 - Treasury Stock

12 Months Ended

Jan. 31, 2022

Notes to Financial Statements

Treasury Stock [Text Block]

Note 11 - Treasury stock

On  October 4, 2021, the Company's Board of Directors approved a stock repurchase program, which authorizes the Company to use up to $3.0 million for the purchase of its outstanding shares of common stock. Stock repurchases are permitted to be executed through open market or privately negotiated transactions over the course of 12 months, depending upon current market conditions and other factors. 

The following table sets forth information with respect to repurchases by the Company of its shares of common stock during 2021:

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
October 1, 2021 - October 31, 2021		58,528	$	8.45		58,528	$	2,505,216
November 1, 2021 - November 30, 2021		21,350		8.55		21,350		2,322,674
December 1, 2021 - December 31, 2021		56,447		7.99		56,447		1,871,840
January 1, 2022 - January 31, 2022		97,956		8.81		97,956		1,008,444
Total		234,281				234,281