other material
confidence high
sentiment neutral
materiality 0.50
U S GLOBAL INVESTORS INC (GROW): auditor change — U.S. Global Investors names Grant Thornton auditor, renews buyback, declares dividend
U S GLOBAL INVESTORS INC
- Engaged Grant Thornton LLP as new independent auditor, effective review of Q2 FY23 (quarter ending Dec 31, 2022).
- Repurchased 24,795 shares in Nov 2022 at net cost ~$73,600; up 25% from Oct and 625% from Nov 2021.
- Renewed $5M annual stock buyback program; modified algorithm allows repurchases when price flat/down from prior day.
- Authorized monthly dividend of $0.0075/share through March 2023; record/payment dates in Jan, Feb, Mar.