Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market
Information
Our
common stock is traded on the Nasdaq Global Market and the Tel Aviv Stock Exchange, in each case under the symbol “PWFL.”
Holders
As
of March 20, 2023, there were 27 holders of record of our common stock.
Dividends
We
have never paid a cash dividend on our common stock and do not expect to pay a cash dividend in the near future. We currently intend
to retain future earnings, if any, to finance our operations and expand our business.
Sales
of Unregistered Securities
None.
Issuer
Purchases of Equity Securities.
The
following table provides information regarding our share repurchase activity for each month of the quarterly period ended December 31,
2022:
Period
Total Number
of Shares
Purchased
Average Price
Paid per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced Plans
or Programs
Approximate
Dollar Value of
Shares that May Yet
Be Purchased Under
the Plans or
Programs
October 1, 2022 - October 31, 2022
-
$ -
$ -
$ -
November 1, 2022 - November 30, 2022
6,000
$ 2.76 (1)
$ -
$ -
December 1, 2022 - December 31, 2022
-
$ -
$ -
$ -
Total
6,000
$ 2.76
$ -
$ -
(1)
Represents
shares of common stock withheld to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock.
Item
6. Reserved.
34
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