Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
There were no unregistered sales of our equity securities during the period covered by this Form 10-Q.
On August 7, 2019, the Company publicly announced a share repurchase program under which the Company is authorized to repurchase up to $1,000,000 of its common shares. On March 16, 2020, the Company publicly announced that the Company increased the share repurchase program to repurchase up to $2,000,000 of its common shares. As of March 31, 2021, the Company completed the repurchase program by purchasing 179,845 shares. Please see footnote 3 to the financial statements above for additional information. During the period covered by this Form 10-Q, the Company repurchased 19,777 shares as shown in the table below:
Shares Repurchased
Period
Total Number
of Shares
Repurchased
Average
Price Paid Per
Share
Total Number of Shares Purchased as Part of Publicly Announced Program
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program
No shares repurchased between January 1, 2021 and February 28, 2021
March 1-31, 2021
19,777
$ 22.89
19,777
$ -
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None .
ITEM 4. MINE SAFETY DISCLOSURE.
Not applicable .
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