Bogota Financial Corp. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds, and Issuer Purchase of Equity Securities 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, or approximately 5% of its then outstanding common stock (excluding shares held by Bogota Financial, MHC). The repurchase 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. As of September 30, 2024 , 163,790 shares have been repurchased pursuant to the program at a cost of $1.2 million. The following table provides information on repurchases by the Company of its common stock under the Company's Board approved program for the third 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 July 1 - 31, 2024 17,469 $ 7.21 17,469 112,298 August 1 - 31, 2024 21,604 7.31 21,604 90,694 September 1 - 30, 2024 17,394 7.54 17,394 73,300 Total 56,467 $ 7.35 56,467 Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.