Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
On March 1, 2022, the Company’s board of directors authorized a stock repurchase program under which the Company may repurchase up to $5,000,000 of its common shares. The repurchase program does not have a specific expiration date, however, the board of directors may terminate it at any time. During the three-month period ended March 31, 2022, the Company repurchased 6,200 shares as shown in the table below ($ in 000’s, except share or per share amounts):
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
March 1-31, 2022
6,200
$ 29.35
6,200
$ 4,818
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None .
ITEM 4. MINE SAFETY DISCLOSURE.
Not applicable .
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