Thanks, Rob. It will be interesting to see if they re-up that repurchase authorization for another 3% of shares.
- Nothing was mentioned in the release about a new buyback authorization.
- They probably have $35M of additional paid-in capital on the Balance Sheet, still? (Lower reporting info doesn’t show us “Capital Surplus” or “Additional Paid-In Capital” so it’s just a rough guess.)
- Annual Meeting happened on July 26, but no announcements came out of that, that I have seen.
Thanks, Rob. We’ll see if any announcement is forthcoming in the weeks ahead.