Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on the NASDAQ Capital Market (“NASDAQ”) under the symbol “BWEN.” The following table sets forth the high and low bid prices of our common stock traded on the NASDAQ.
Common Stock
High
Low
2024
First quarter
$
2.70
$
2.22
Second quarter
4.42
2.08
Third quarter
3.66
2.07
Fourth quarter
2.23
1.55
Common Stock
High
Low
2023
First quarter
$
5.92
$
1.77
Second quarter
5.20
3.35
Third quarter
4.59
3.10
Fourth quarter
3.46
2.05
The closing price for our common stock as of February 28, 2025 was $1.57. As of February 28, 2025, there were 50 holders of record of our common stock.
Dividends
We have never paid cash dividends on our common stock and have no current plan to do so in the foreseeable future. The declaration and payment of dividends on our common stock are subject to the discretion of our Board and are further limited by our credit agreement and other contractual agreements we may have in place from time to time. The decision of our Board to pay future dividends will depend on general business conditions, the effect of a dividend payment on our financial condition, and other factors our Board may consider relevant. The current policy of our Board is to reinvest cash generated in our operations to promote future growth and to fund potential investments.
Repurchases
There were no repurchases of our equity securities made during the years ended December 31, 2024 and 2023.
Unregistered Sales of Equity Securities
There were no unregistered sales of equity securities for the years ended December 31, 2024 or 2023.
Securities Authorized for Issuance Under Equity Compensation Plans
See Part III, Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report on Form 10-K for information as of December 31, 2024 with respect to shares of our common stock that may be issued under our existing share-based compensation plans.
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ITEM 6. SELECTED FINANCIAL DATA
[RESERVED]
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.