Company: REX
Filing Date: 2025-06-04
Form Type: 10-Q
Source: 0000930413-25-001941
Chunk: 88

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-06-04
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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 and reported
within the time periods specified in the Securities and Exchange Commission’s rules and forms and is accumulated and communicated
to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure.

There were no changes in our internal control
over financial reporting that occurred during our last fiscal quarter that have materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting.

36

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

We are, from time to time, involved in
various legal proceedings incidental to the conduct of our business. We believe that any current proceedings will not have a material
adverse effect on our financial condition or results of operations.

Item 1A. Risk Factors 

There have been no material changes to
the risk factors discussed in our Annual Report on Form 10-K for the year ended January 31, 2025.

Item 2. Unregistered Sales of Equity Securities and Use
of Proceeds 

The following table provides information
with respect to the Company’s repurchase of its common stock during the period covered by this report:

    Issuer Purchases of Equity Securities 

    Period 
    Total Number of Shares Purchased  
    Average Price Paid per Share  
    Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs  
    Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs (1) 

    February 1-28, 2025 
     281,709  
    $42.56  
     281,709  
     222,510 

    March 1-31, 2025 
     41,307  
     38.61  
     41,307  
     1,681,203 

    April 1-30, 2025 
     499,240  
     38.34  
     499,240  
     1,181,963 

    Total 
     822,256  
    $39.80  
     822,256  
     1,181,963 

(1)On January 31, 2025, 504,219 shares remained under a prior
                                                                 authorization by the Board of Directors on August 31, 2021.
                                                                 On March 25, 2025, the Board of