Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities
The following table summarizes the stock repurchase activity by or on behalf of the Company or any “affiliated purchaser,” as defined by Rule 10b-18(a)(3) of the Exchange Act, for the three months ended August 31, 2024 and the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
Total
Shares
Purchased
Average
Price Paid
Total Number of Shares
Purchased as Part of
Publicly Announced Plans
or Programs (1)
Approximate Dollar Value of
Shares that May Yet Be
Purchased Under the Plans
or Programs (1)
June 2, 2024 - July 6, 2024
21,472
$
13.97
21,472
$
21,033
July 7, 2024 - August 3, 2024
4,528
$
13.59
4,528
$
20,972
August 4, 2024 - August 31, 2024
20,843
$
13.24
20,843
$
20,696
(1)
The Company is authorized to repurchase Company stock under a plan which was originally announced in 1998. On March 9, 2022, the Board of Directors increased the remaining limit of the repurchase plan to $40,000. At August 31, 2024, $20,696 remained available for share repurchases under the plan.
Item 3. Defaults Upon Senior Securities
None.
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.