Note 11 - Treasury Stock

12 Months Ended

Jan. 31, 2024

Notes to Financial Statements

Treasury Stock [Text Block]

Note 11 - Treasury stock

The repurchase program approved on October 4, 2021, authorized the Company to use up to $3.0 million for the purchase of its outstanding shares of common stock. Stock repurchases were permitted to be executed through open market or privately negotiated transactions, depending upon current market conditions and other factors. On December 7, 2022, the Board of Directors authorized the use of $1.0 million remaining under the share repurchase program previously approved on October 4, 2021 that expired on October 3, 2022. During the 12 months ended January 31, 2024, the Company used the remaining $1.0 million of the $3.0 million authorized to repurchase its outstanding shares of common stock. 

The following table sets forth information with respect to repurchases by the Company of its shares of common stock during 2022 and 2023:  

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
January 1, 2022 - January 31, 2022		98	$	8.81		98	$	1,008
July 1, 2022 - July 31, 2022		5		8.85		5		964
December 1, 2022 - December 31, 2022		3		8.61		3		939
July 1, 2023 - July 31, 2023		37		8.51		37		628
August 1, 2023 - August 31, 2023		62		8.67		62		92
September 1, 2023 - September 30, 2023		10		8.95		10		-
Total		215				215