Bogota Financial Corp. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds, and Issuer Purchase of Equity Securities On May 24, 2023, the Company announced it had received regulatory approval for the repurchase of up to 249,920 shares of its common stock, which was approximately 5% of its then outstanding common stock (excluding shares held by Bogota Financial, MHC). The program does not have a scheduled expiration date and the Board of Directors has the right to suspend or discontinue the program at any time. On March 6, 2024, the Company announced the completion of the repurchase program. As of March 31, 2024 , all 249,920 shares that were approved have been repurchased at a cost of $1.9 million. On April 24, 2024, the Company announced it had received regulatory approval for the repurchase of up to 237,090 shares of its common stock, which is approximately 5% of its then outstanding common stock (excluding shares held by Bogota Financial, MHC). The following table provides information on repurchases by the Company of its common stock under the Company's Board approved programs for the first quarter: ISSUER PURCHASES OF EQUITY SECURITIES Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs January 1 - 31, 2024 18,100 $ 8.25 18,100 14,983 February 1 - 28, 2024 14,983 8.04 14,983 - March 1 - 31, 2024 - - - - Total 33,083 $ 8.15 33,083 Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.