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 October 30, 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)
August 2021
184,319
$
16.66
184,319
September 2021
209,497
16.59
209,497
October 2021
114,450
16.87
114,450
Total
508,266
$
16.68
508,266
872,513
(1)
Prices include trading costs.
(2)
As of July 31, 2021, the Company’s share repurchase program had 1,380,779 shares remaining in open authorizations. During the third quarter ended October 30, 2021, the Company repurchased and retired 508,266 shares under this program for approximately $8,475,694 or an average market price of $16.68 per share. As of October 30, 2021, the Company had 872,513 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
34
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.