Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.21.2
Subsequent Event
6 Months Ended
Jul. 03, 2021
Subsequent Event  
Subsequent Event

Note 8 – Subsequent Event

On July 27, 2021, the Company’s Board of Directors authorized a new stock repurchase program under which the Company may purchase up to $30 million of the Company’s common stock from time to time. The repurchases of common stock may be executed through open market purchases, block trades, the implementation of a 10b5-1 plan, and/or any other available methods. The amount and timing of repurchases will depend upon market conditions and other corporate considerations. The share repurchase program does not obligate the Company to acquire any particular amount of stock, and it may be terminated, modified, or suspended at any time at the Company’s discretion.