Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
ISSUER PURCHASES OF EQUITY SECURITIES
The following table sets forth purchases made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) of the Exchange Act:
Issuer Purchases of Equity Securities
Period
Total Number of Shares Purchased
(1)
Average Price Paid per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced
Program (1)
April 1 - 30, 2024
30,700
$5.94
30,700
May 1 - 31, 2024
145,800
5.10
145,800
June 1 - 30, 2024
68,500
5.08
68,500
245,000
5.20
245,000
(1)
In April 2024, the Company announced that the Board of Directors had authorized a $2,000,000 expansion of the Company’s existing share repurchase program. All of the shares included in this table were purchased pursuant to this program. Since the inception of the share repurchase program in 1999, the Company has authorized the repurchase of $54,402,000 of common stock, of which $1,493,000 was available for repurchase as of June 30, 2024. The stock repurchase plan expires on December 15, 2024.
23
Alpha Pro Tech, Ltd.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
We did not sell any unregistered equity securities during the periods covered by this Quarterly Report on Form 10-Q.
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.