Company: REX
Filing Date: 2025-12-04
Form Type: 10-Q
Source: 0000930413-25-003566
Chunk: 164

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-12-04
Form: 10-Q
Item: Part I, Item 4
Chunk 164
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Item 4. Controls and Procedures

Our management evaluated, with the participation
of our Chief Executive Officer and Chief Financial Officer, the effectiveness of our disclosure controls and procedures, as of
the end of the period covered by this report. Based on that evaluation, the Chief Executive Officer and Chief Financial Officer
concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed by us in
the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized 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.

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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

On March 25, 2025, the Board of Directors
authorized the repurchase from time to time of up to an additional 3,000,000 shares through open market transactions, privately
negotiated transactions, or transactions by other means in accordance with applicable securities laws. At October 31, 2025, a total
of 2,357,186 shares remained available to purchase under this authorization.

There were no share repurchases by the Company
in the third quarter of fiscal year 2025.

Item 3. Defaults upon Senior Securities

Not Applicable

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 Item 4. Mine Safety Disclosures

Not Applicable

 Item 5. Other Information

Not Applicable

 Item 6. Exhibits

The following exhibits are filed
with this report:

31
     Section 1350 Certifications

32
     Section 1350 Certifications

101
     The following information from REX American