Company: BRID
Filing Date: 2025-01-29
Form Type: 10-K
Source: 0001493152-25-004182
Chunk: 187

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-01-29
Form: 10-K
Item: Item 1C
Chunk 187
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    Dallas, Texas * 
     3,200  
     1.5 
  
    Statesville, North Carolina * 
     42,000  
     8.0 
  
    Chicago, Illinois ** 
     177,000  
     8.0 

    *
    - property used by Frozen Food Products Segment.

    **
    - property used by Snack Food Products Segment.

We utilize each of the foregoing
properties for processing, warehousing, distributing and administrative purposes. We also lease warehouse and/or office facilities throughout
the United States through month-to-month rental agreements. We believe that our properties are generally adequate to satisfy our foreseeable
needs. Additional properties may be acquired and/or plants expanded if favorable opportunities and conditions arise.

Item 3. Legal Proceedings

No material legal proceedings
were pending against us as of November 1, 2024, or as of the date of filing of this Report. We are likely to be subject to claims arising
from time to time in the ordinary course of our business. In certain of such actions, plaintiffs may request punitive or other damages
that may not be covered by insurance and, accordingly, no assurance can be given with respect to the ultimate outcome of any such possible
future claims or litigation or their effect on us. Any adverse litigation trends and outcomes could significantly and negatively affect
our financial results.

Item 4. Mine Safety Disclosures

Not applicable.

 10 

PART II

Item 5. Market for Registrant’s Common
Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Common Stock and Dividend
Data

Our common stock is traded
on the Nasdaq Global Market under the symbol “BRID”.

As of January 22, 2025, there
were 1,031 shareholders of record in our common stock.

The payment of future dividends,
if any, will be at the discretion of our Board of Directors and will depend upon future earnings, financial requirements, and other factors.

Unregistered Sales of Equity
Securities

During the period covered
by this Report, we did not sell or issue any equity securities that were not registered under the Securities Act of 1933, as amended.

Repurchases of Equity Securities
by the Issuer

Our stock repurchase program
was approved by our Board of Directors in November 1999 and was expanded in June 2005. Under the stock repurchase program, we are authorized,
at the discretion of