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 was authorized to repurchase up to $5,000,000 of its common shares. The Company completed the repurchase program by purchasing 38,563 shares during the three-month period ended September 30, 2022, as shown in the table below ($ 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
July 1-31, 2022
32,392
$ 24.88
32,392
$ 153
August 1-31, 2022
6,171
24.79
6,171
—
September 1-30, 2022
—
—
—
—
Total
38,563
$ 24.87
38,563
$ —
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None .
ITEM 4. MINE SAFETY DISCLOSURE.
Not applicable .
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.