Note 13 - Subsequent Events |
12 Months Ended |
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Sep. 30, 2025 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
Note 13. Subsequent Events
On November 11, 2025, the Company completed the divestiture of its wholly owned subsidiary, Clearfield Finland Oy, parent company of Nestor Cables Oy, for $1 in cash and the contribution from the Company to Clearfield Finland Oy of $5,785,000 of inter-company receivables owed to the Company by Nestor Cables Oy and Clearfield Finland Oy. See Note 11 for further details.
On November 20, 2025, the Company’s board of directors increased the Company’s share repurchase program from $65,000,000 to $85,000,000 commencing November 28, 2025, and continuing for an indefinite period or until terminated by the board of directors. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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