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    Mark MendelCharles Lane Capital

    Mark Mendel is a Senior Analyst at Charles Lane Capital, specializing in equity research across the industrials and capital goods sectors. He has covered notable companies including Eaton Corporation, Illinois Tool Works, and Dover, consistently delivering investment recommendations that have contributed to strong portfolio returns and outperforming benchmark indices over three- and five-year periods. Mendel began his career as an equity research associate at a regional investment bank in 2012, transitioned to coverage of the industrials sector at a major asset manager in 2016, and joined Charles Lane Capital in 2021. He holds FINRA Series 7 and 63 licenses, evidencing his professional credentials, and has been recognized for stock selection accuracy by independent research platforms.

    Mark Mendel's questions to Richardson Electronics Ltd (RELL) leadership

    Mark Mendel's questions to Richardson Electronics Ltd (RELL) leadership • Q4 2025

    Question

    Mark Mendel from Charles Lane Capital advocated for the company to initiate share repurchases, citing the strong balance sheet and positive cash flow, and asked for the board's perspective on this method of rewarding shareholders.

    Answer

    Chairman, CEO & President Edward Richardson responded that the board discusses stock repurchases every quarter but remains cautious due to past experiences where buybacks did not lead to stock price appreciation. He stated the company's current preference is to deploy cash for business expansion and growth opportunities rather than repurchases.

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