AUBURN NATIONAL BANCORPORATION, INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS The Company’s repurchases of its common stock during the third quarter of 2023 were as follows: 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 July 1 - July 31, 2023 948 21.89 948 4,495,859 August 1 - August 31, 2023 4,935 22.21 4,935 4,386,264 September 1 - September 30, 2023 — — — 4,386,264 Total 5,883 22.16 5,883 4,386,264 On April 12, 2022, the Board of Directors of Auburn National Bancorporation, Inc. (the "Company") announced that its Board of Directors had approved a new stock repurchase program to replace the repurchase program that expired on March 31, 2022. The new program authorized the repurchase, from time to time, of up to $5 million of the Company’s issued and outstanding common stock through the earliest of (i) the expenditure of $5 million on Share repurchases, (ii) the termination or replacement of the Repurchase Plan and (iii) April 15, 2024. The stock repurchases may be open-market or private purchases, negotiated transactions, block purchases, and otherwise. ITEM 3. DEFAULTS UPON SENIOR SECURITIES Not applicable. ITEM 4. MINE SAFETY DISCLOSURES Not applicable.