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)
Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Program (1)
July 1 - 31, 2025
33,700
$
4.79
33,700
$
2,572,000
August 1 - 31, 2025
49,600
4.72
49,600
2,336,000
September 1 - 30, 2025
46,500
4.82
46,500
2,111,000
129,800
4.77
129,800
(1)
All of the shares included in this table were purchased pursuant to the Company’s existing share repurchase program. Since the inception of the program in 1999, the Company has authorized the repurchase of $59,402,000 of common stock, including the most recent expansion of $2,000,000 approved by the Board of Directors on June 27, 2025. As of September 30, 2025, $2,111,000 was available for repurchase under the program. The stock repurchase plan expires on December 15, 2026.
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.