Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS:
The following table summarizes the Company’s purchases of its common stock for the three months ended July 31, 2021:
ISSUER PURCHASES OF EQUITY SECURITIES
Total Number of
Maximum Number
Shares Purchased as
(or Approximate Dollar
Total Number
Average
Part of Publicly
Value) of Shares that may
Fiscal
of Shares
Price Paid
Announced Plans or
Yet be Purchased Under
Period
Purchased
per Share (1)
Programs (2)
The Plans or Programs (2)
May 2021
-
$
-
-
June 2021
-
-
-
July 2021
64,709
16.18
64,709
Total
64,709
$
16.18
64,709
1,380,779
(1)
Prices include trading costs.
(2)
As of May 1, 2021, the Company’s share repurchase program had 1,445,488 shares remaining in open authorizations. During the second quarter ended July 31, 2021, the Company repurchased and retired 64,709 shares under this program for approximately $1,047,060 or an average market price of $16.18 per share. As of July 31, 2021, the Company had 1,380,779 shares remaining in open authorizations. There is no specified expiration date for the Company’s repurchase program.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES:
Not Applicable
33
THE CATO CORPORATION
PART II OTHER INFORMATION
ITEM 4. MINE SAFETY DISCLOSURES:
Not Applicable
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.