Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Stock Repurchase Program
In November 2021, the Company’s Board of Directors approved a stock repurchase program to purchase up to $10.0 million of the Company’s common stock.
−Removed: As of September 29, 2023, $7.3 million remains available under the stock repurchase program, and Aviat may choose to suspend or discontinue the repurchase program at any time.
−Removed: During the first quarter of fiscal 2024, the Company did not repurchase any shares of common stock.
+Added: As of December 29, 2023, $6.9 million remains available and Aviat may choose to suspend or discontinue the repurchase program at any time.
+Added: Repurchased shares are recorded as treasury stock.
+Added: The following table summarizes the Company's repurchases of its common stock during the second quarter of fiscal 2024:
+Added: Total Number of Shares Purchased
+Added: Average Price Paid Per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Programs
+Added: Approximate Dollar Value of Shares that May Yet be Purchased Under the Program (in thousands)
+Added: September 30, 2023 — October 27, 2023 — $ — — $ 7,260
+Added: October 28, 2023 — November 24, 2023 11,208 29.59 11,208 6,928
+Added: November 25, 2023 — December 29, 2023 — — — 6,928
+Added: 11,208 11,208 $ 6,928
Defaults Upon Senior Securities
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