We just received the latest quarterly financials from Hanover Foods.
Notice that between the end of fiscal second quarter (Nov 29, 2020) and the fiscal third quarter (Feb 28, 2021), the company bought back $1.26 million of stock. This is the first time that we have seen the company repurchase a significant amount of stock.
We would love to know the details about that repurchase and whether the company plans to do more repurchases at a fraction of book value and net current assets.
Hanover Foods 3rd Fiscal Quarter by Nate Tobik on Scribd
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