|Over a quarter ago|
Natural Alternatives International increases stock buybacks by $1M » 20:3503/1803/18/20
Natural Alternatives International announced its board authorized a $1.0M increase to its stock repurchase plan bringing the total plan authorized repurchase amount to $10.0M. Under the repurchase plan, NAI may, from time to time, purchase shares of its common stock, depending upon market conditions, in open market or privately negotiated transactions. Since December 31, 2019, we have purchased an additional 198,336 shares of our common stock under this plan bringing our total plan purchases to date to 1.2 million shares. At present there is $2.0M remaining available for stock repurchases under the plan.